＂$50K Mamdani Tax＂ - James Fishback DROPS NYC Refugee Tax BOMBSHELL
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Summary
Patrick Peterson is running for Governor of Florida, and he's got a plan to make life a little bit easier for Florida's seniors and the families who made it the best state in the country. In this episode, he explains why he's running and why you should vote for him.
Transcript
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James, before we get started, why don't you take a minute and tell everybody, 31 years old, you can enjoy life, you can travel, you can work hard, you can build a business.
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Why are you running for the governor of Florida at 31 years old?
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Patrick, I'm running for Florida governor because my family has been here for four generations.
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And Florida is the best state in the country, hands down.
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I was born right here in Broward County, raised here my entire life.
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But if we're the greatest state in the country, why is it so hard for the families who made it the greatest state in the country to afford to live here?
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I meet people every single day, including just last night in Sumter County where we held a rally of 100 people.
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I can no longer afford my property tax bill, my homeowner's insurance, my HOA, whatever it may be.
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And so I'm in this race to deliver a real plan to make Florida affordable, to make life a little bit easier.
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I believe we are the best state in the country, but that has to mean something for the families, the young people, and the seniors who made it the best state in the country.
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No more H-1B workers will be allowed in Florida.
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We're going to ban Blackstone, private equity, and foreign nationals from buying up single-family homes, hoarding and cornering the market.
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So you and your kids and your grandkids, Patrick, they can buy a home.
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If you can't buy a home, can you get married, Pat?
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And then let's talk about overdevelopment and sprawl in our state.
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You look at a Google map over the last 15, 20 years, a satellite map, entire communities where citrus groves once stood.
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Those are now becoming AI data centers, become Section 8-style housing.
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I believe this is a choice between old Florida and new Florida.
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If you want Florida to become the AI data center capital of the world, you can vote for Congressman Byron Donalds.
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If you want us to become the financial capital, the concrete jungle, vote for Byron Donalds genuinely.
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But if you want citrus, ag, tourism, space, if you want a state that we all can be proud of,
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if you want to protect our Everglades, if you believe that our jobs belong to us,
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if you believe that we should be able to buy single-family homes, not Chinese nationals,
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if you believe that Washington, D.C. should send 600,000 Chinese students to our universities, guess what?
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As Florida governor, I'll sign an executive order before the sun sets on my first day
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to raise tuition on any foreign student to $1 million a year.
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Florida taxpayers like you and me, we pay for Florida colleges.
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Imagine a young girl right here in Broward County who went to my high school, Boyd H. Anderson.
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I was one of two white kids in the entire senior class.
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You're not going to be admitted this time around.
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You're not going to be able to go to the pre-med program at the University of Florida
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because we had to make room for a student from Shanghai or Mumbai.
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That's exactly what's happening every single day in our state.
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And if D.C. is successful with this deep state U.S.-China trade deal,
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upwards of 600,000 more foreign students can come to our universities.
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And Patrick, I'm a big fan of what you've built here.
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I wanted to make a little bit of news here this morning if I can.
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And I am sorry for their loss that Zoran Mamdani is their mayor.
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We are not a refugee camp for New Yorkers to flee from their problems.
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I am proud to announce here today exclusively on PBD that I will pass the Mamdani tax,
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$50,000 property transaction tax for any out-of-state individual who wants to buy real estate,
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We took in 800,000 new residents after COVID in just five short years.
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Florida needs to put the people who made Florida Florida back at the front of the line.
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If you want more New Yorkers, Byron Donalds is your guy.
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And within the span of three years moving here, he got himself arrested twice.
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But at the end of the day, I believe that there's a real debate in the Republican Party right now
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between economic nationalism and economic corporatism.
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It cannot exclusively work for the biggest companies.
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As I ended my campaign video, my name is James Fishback.
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I'm running for Florida governor as a fourth-generation Floridian
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because I believe, Patrick, that Florida is our home.
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And no one should ever be able to steal that from us.
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You even give an idea about if somebody can fix,
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What was the problem you said that you would give them a billion dollars?
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Can you share that idea with the audience as well, please?
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So there is an issue here with citrus greening.
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I was in Frostproof in Southern Polk County with five generations of different citrus growers.
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And what I found was that there's this greening that came from China about 15 years ago.
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And much like COVID, the Republicans and Democrats just pointed the finger and said,
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We're just going to give up on citrus in Florida.
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Citrus used to be 245 million boxes every single season.
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That means fewer jobs, fewer local industries, fewer local businesses, and a sense of pride
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in our communities like in Highlands County and Sebring and Frostproof.
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And so what I've said is if you're a scientist anywhere in the world, and I mean anywhere,
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If you're a scientist anywhere in the world and you have discovered the scientific cure to
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greening, the state of Florida will pay you $1 billion cash.
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Florida citrus could be upwards of a $50 billion industry again.
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Why wouldn't we make a one-time investment to turn places like Moorhaven, Davie, where
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citrus groves once proudly stood, where we employed tens of thousands of young men and
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women, where we supported local industry and local businesses, when we gave these rural
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communities all over our state a sense of pride, why don't we put a little bit of investment
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And by the way, for Floridian that may be listening to this saying, hey, that makes sense.
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Now, going back to the $50,000 of people coming in.
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So if you're going to charge somebody that's coming here, you're calling refugees coming
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from New York here, the Mamdani tax of $50,000, who does that benefit?
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Because even if you did that, the people that are leaving, I'd say most of them would be
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And I guess if they do, it generates an income for the state.
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Well, the logic is in economics, show me the incentive and I'll show you the outcome.
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There is no disincentive right now for New Yorkers to pack up their things, throw in the towel,
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come to our state and price us out and push us out.
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I believe that our state should work for the people who built our state, who put it on
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the map, like my grandmother, who was a 20-year English teacher at Plantation High School,
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Create a tax disincentive as opposed to a tax incentive for New Yorkers or any out-of-staters.
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If you want to come here and you want to move your residence, it's going to be $50,000.
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My hope, and I think what you're going to end up finding, is that's going to actively
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Look, if you've got a New Yorker who's outbidding a Florida family, who's about to start, get married,
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have two or three kids, if they're outbidding them by $5,000 on a home, guess what?
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That family may have to stay in their studio apartment on the wrong side of the railroad
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What's the point if we can't support them when they need our support?
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And so what the Momdani tax of $50,000 does is it says there's a property transaction
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fee of $50,000 if you're an out-of-stater buying property here,
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And what you do is you actually recalibrate the market to allow Florida families to have
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a fighting chance to buy homes and to exist in our state.
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It's like when Trump did the $5 million gold card.
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Is that what he called it, the $5 million gold card?
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Panama said, if you bring $300,000 here, we'll give you the citizenship.
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I think, well, it would have affected you and me.
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I graduated from Boca Raton High School up there, I-95 and Glade Road.
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And so we came back here, though, looking for a business-friendly environment that would
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And so if you build a business-friendly environment and you want us to come down here and we've
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brought down that, look at the jobs we've built.
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So I would think you would want those people to come because you've built this magnet to
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And for those of you that stay here long enough on education, we have the Bright Futures
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program where you can get a tremendous discount if your kids do well in high school.
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You can get a discount and guaranteed admission at Florida State, University of Florida, UCF,
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All the ones that are funded by tax dollars through Tallahassee.
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So why would you then put a toll gate up and say, if you want to come down here and participate
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in all that and make jobs, wait a minute, the toll's $50,000.
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Wouldn't you be missing the opportunity of someone like Patrick and myself and others that
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And look, I would not have supported this 10, 15 years ago.
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I would not have supported this even seven years ago.
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The truth is that we had 800,000 people move here over the last five years because we had
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I think at some point, though, it makes sense to say enough is enough.
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We don't have the infrastructure, too much congestion, too much traffic.
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Home prices in Broward County alone are up 72% in the last five years.
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So what made good sense, and I'm glad you're here, Tom.
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But what made good sense 5, 10, 15 years ago needn't make good sense.
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Now, look, I think we were right to welcome immigrants here on Ellis Island.
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They didn't get food stamps and an Obama phone.
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They didn't get $7,000 a month in Chicago or $500 a night hotel rooms in New York City.
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They shouldn't come here and have all the tax dollars going to provide all those things.
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And so I think the bigger thing is what might have made good sense, and it did make good sense
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to invite folks down here to open up businesses and industry.
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Go to the I-4 corridor between Tampa and Orlando.
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Drive here 95 between downtown Miami and downtown Fort Lauderdale.
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Let's just preserve what Governor DeSantis has given us.
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And part of that has to be, Patrick, eliminating property taxes, not property tax relief, not
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property tax reform, eliminating property taxes to zero for every single Florida resident,
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not for out-of-staters, not for Canadian snowbirds.
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We have to deliver the largest tax cut in Florida history.
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One person's spending is another person's income.
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So when we give you a tax cut, I don't want to know how much your property tax bill is,
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but when we give you a tax cut, I've seen your beautiful home.
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When we give you a tax cut, how are you going to spend that money?
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You're going to go out and get ice cream over movies with your kids.
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I did a video on this about the whole no property tax, homestead, non-homestead.
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The way I would probably do it, I would do it to incentivize.
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It's almost like, you know how you're with a company, five years, they'll say, hey, we'll give you equity
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and we'll give you LTIP if you reach a certain level and then this is when the benefits will start.
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I would consider doing that for the people that need it, not the guys that are living in 10-plus million-dollar homes.
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I would probably not give them that and maybe even give it to people that have been here five-plus years
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or 10-plus years, something to be aligned with your argument, right, to be a true Floridian,
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and fourth generation because you're a true Floridian.
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So when somebody says, you know, I've been here for that long, you know the state better,
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this is your culture, this is where you grew up.
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If it was a 10-year-plus somebody that's homestead, it would make sense.
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If it's below a certain number, that would make sense.
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Of course, when you announce something like that, that's just going to make more people want to come here.
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So if you say no taxes on homes, $50,000, say I'm paying whatever in New York,
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I'm like, oh, here you go, James, here's $50,000, I'll move tomorrow.
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So if you get $300,000, what's $300,000 times $50,000?
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So 10 times 50, $500,000, $5 million, $50 million, $500 million.
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If $100,000 times $50,000, is that a half a billion or is it $5 billion?
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And by the way, that's going to go for infrastructure here in our state because the roads, the bridges,
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the potholes, our airports, we've got to do more for that.
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Let's create a system where if you want to move here,
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you've got to wait five years before you can get that property tax relief.
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Are you familiar with Howard Jarvis and Prop 13 in California?
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In the late 70s, Howard Jarvis says property tax in California was too much and Prop 13 was
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And what it is, is it locked in your property tax for your home right now and it locked it
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All of the families that were already living there that already had those homes.
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So you kind of gave the working class families the tax relief and then everybody that bought
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houses after that was subject to new property tax rules.
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You're a resident and you're vested as a resident.
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You have your child here in the school this long and they get good grades.
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I like the idea of like a minimum, no games with the 189 day rule, right?
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Where you have 189 days in Nevada and you can avoid California income tax.
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