Valuetainment - May 05, 2026


＂Maryland Is Under ASSAULT＂ - Gov. Wes Moore SLAMS Trump's Federal Worker MASSACRE

＂Trump Is The Anti-Christ＂ - Tucker Carlson CORNERED In Explosive NYT Interview ＂Who The Hell Is Wes Moore？＂ - The 2028 Democratic Frontrunner NOBODY Saw Coming

Episode Stats


Length

10 minutes

Words per minute

197.98

Word count

2,057

Sentence count

153

People

Also mentioned:
Samsung Biologics Gavin Newsom Ken Griffin DeSantis Mamdani Tuscany Hokel Kerry

Harmful content

Misogyny

1

sentences flagged

Toxicity

4

sentences flagged

Hate speech

1

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

In this episode, I sit down with the Governor of Maryland, Larry Hogan, to discuss his vision for the future of his state and how he wants to attract new businesses to his state. We talk about taxes, education, infrastructure, and more.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 Okay, so let me ask you, I just looked up right now where you're ranking the highest in taxes, right?
00:00:03.780 You're ranks 8th to 12th, somewhere around there, as the highest taxes in America.
00:00:10.580 10% or 11% tax burden.
00:00:12.600 State income tax.
00:00:13.460 And look where it was four years ago.
00:00:15.340 Right, right.
00:00:16.140 State income tax.
00:00:16.980 So let me ask you this.
00:00:18.140 Here's a question for you.
00:00:20.480 DeSantis here, I love him.
00:00:22.040 He's phenomenal as a governor.
00:00:24.100 And, you know, we were living in Texas.
00:00:26.960 We were happy with Texas.
00:00:28.060 I escaped California.
00:00:29.100 I knew California did not like guys like us 10 years ago when we left.
00:00:32.180 I just knew that was going to be a problematic place.
00:00:34.580 And now they're introducing the wealth tax.
00:00:37.640 DeSantis is thinking about, he sits there and says,
00:00:40.320 we have $31 billion we were getting every year from property tax.
00:00:44.540 Rob, can you pull up the number?
00:00:45.680 He says, now I'm getting $63 billion.
00:00:47.220 I don't need that additional $31 billion or $33 billion, whatever the number is, in surplus.
00:00:51.720 I want to find a way to give that back to Floridians.
00:00:55.500 Okay.
00:00:55.780 So then he's starting to have conversations about eliminating taxes for Homestead.
00:01:03.660 Eliminating taxes for Homestead.
00:01:05.960 Have you thought about a dramatic way of lowering taxes so it attracts other people to come to you?
00:01:16.220 Because right now, if you think about where business owners are leaving,
00:01:21.480 a lot of people are leaving in New York because of what Mamdani is doing, what Hokel is doing.
00:01:24.980 Ken Griffin is just having a meeting with her right now.
00:01:27.060 I think today or yesterday the meeting was taking place saying,
00:01:29.020 what are you guys talking about?
00:01:30.240 Just targeting me.
00:01:31.080 California is losing business owners because, you know, taxes and where they're at.
00:01:35.560 What would you or could you do to work with taxes to start attracting others,
00:01:41.600 especially in a blue state like yours, to get others to come in and say,
00:01:45.040 hey, I think we can get rid of following taxes to attract some business owners.
00:01:48.740 What would you do?
00:01:49.540 So I think there's a few things that we can do and have done.
00:01:53.400 Um, one is you do need to make it a more tax friendly environment for your businesses.
00:01:59.180 Uh, this year, I actually, we introduced a piece of legislation that I just signed called
00:02:02.980 the Decade Act.
00:02:03.960 And the Decade Act is actually the most business forward piece of legislation that I think
00:02:07.620 Maryland has probably passed in decades.
00:02:09.380 Uh, and you know, with a democratic governor and a democratic legislature, which actually
00:02:13.640 provides incentives for businesses, it's about a hundred million dollars tax cut, uh, going
00:02:18.660 to businesses that both incentivizes businesses to stay in the state of Maryland and come
00:02:22.520 to the state of Maryland.
00:02:23.400 And if you just look in recent months, we've now announced that AstraZeneca has now made the largest private investment in Maryland in over a decade.
00:02:31.360 It's going to support about 2,600 jobs.
00:02:32.820 We saw how Samsung Biologics has just announced that it's creating its first manufacturing facility in the United States, and they're creating it in Maryland.
00:02:40.440 We saw how the sphere in Las Vegas, the sphere, is now, you know, it announced it's doing its second one in Abu Dhabi.
00:02:47.560 Its second one they're doing in the United States is in Prince George's County, Maryland.
00:02:51.280 Stop it.
00:02:51.760 Prince George's County, Maryland is where the sphere is coming.
00:02:54.620 Why?
00:02:54.800 And I'm going to tell you why.
00:02:56.180 That's sick. 0.89
00:02:56.600 Well, it's because we provided the right kind of incentives for them to choose to come to Maryland.
00:03:01.440 And that is going to be worth about 6,000 jobs just in the creation and over 8,000 jobs once it's created.
00:03:08.560 Right?
00:03:08.800 So we are making sure we're incentivizing our businesses to be able to come to the state of Maryland and providing the right kind of incentives and providing the right kind of climate and environment.
00:03:16.660 But also, we have to make sure we're investing in the things that makes businesses want to come to our state.
00:03:23.380 You know what makes business want to come to our state?
00:03:25.080 That it's one of the most educated states inside the country.
00:03:28.700 Top five.
00:03:29.740 That's exactly right.
00:03:30.740 And if you look at the state of Maryland, we have the fastest jumps in reading scores anywhere in the United States of America under the leadership of Dr. Kerry, right?
00:03:37.800 That we are making sure that we're providing a greater level of support when it comes to our anchor institutions.
00:03:43.700 Like, we are the home of the NSA.
00:03:45.580 We're the home of U.S. Cyber Command.
00:03:47.700 We're the home of the United States Naval Academy, of Johns Hopkins University, of NIST, of the only pure play public company in quantum, which is IonQ, where literally we are the capital of quantum.
00:04:01.100 And so you have to also create the ecosystem that makes businesses want to come, that makes businesses want to grow and thrive.
00:04:06.580 And so that's the thing I think you have to be able to do, that, yes, it's about tax policy and making it more attractive for businesses.
00:04:13.280 And, by the way, we're now seeing how Maryland's population is the fastest growing population we've had in Maryland in over a decade.
00:04:22.020 And so you both have-
00:04:23.240 Your net migration isn't impressive. 0.94
00:04:25.000 Well, agreed.
00:04:26.200 But if you look at the population growth that we've had over the past decade, net migration has actually been a challenge in Maryland that we've had for a very long period of time.
00:04:35.000 But we're now actually starting to see a population growth.
00:04:37.480 Yeah, so 2010 to 23, a net loss of 300,000 residents, 2.3 million leaving and 2 million moving in.
00:04:45.340 So that's net 300,000.
00:04:46.740 Can you pull up by state, Rob?
00:04:49.120 By state, I wonder where Maryland ranks.
00:04:51.200 Because to me, 100 million is good, but I think you have a bigger opportunity.
00:04:55.640 You know what will be a very...
00:04:57.220 I agree with you, by the way.
00:04:57.900 You know what will be a very creative story?
00:05:02.220 Your governor till what year?
00:05:03.620 What's the...
00:05:04.440 Till 2030.
00:05:05.280 So I'm up for re-election.
00:05:06.360 I'm up for re-election.
00:05:07.240 this november you're up for re-election this november okay uh uh and and by the way you could
00:05:13.040 go through it again and then still run for president that's something that you can do right
00:05:17.220 the answer is yes i think the answer is yes yeah but you know what would be crazy is you know when
00:05:23.240 you think about a state like yours if if you made a radical decision to okay what's this one here 50
00:05:31.080 states from what year since 2010 florida's at the top texas carolina arizona south carolina tennessee
00:05:37.460 Red, red, red, red, red, red, red, red.
00:05:39.280 You see the red states.
00:05:40.200 Yep.
00:05:40.480 Okay?
00:05:40.720 They're net.
00:05:41.120 They're gaining.
00:05:42.340 Then you go to not moderate.
00:05:44.060 Go to the bottom.
00:05:44.980 Let's do, okay, bottom is what? 0.99
00:05:47.540 Biggest losers. 1.00
00:05:48.420 Go to biggest losers. 0.99
00:05:49.860 You got California, Gavin Newsom, New York, Hockel, Momdani, Illinois, Pritzker, Jersey, 0.98
00:05:57.600 Connecticut, Maryland.
00:05:59.120 You're at 45.
00:06:00.320 Yeah.
00:06:00.500 Net migration.
00:06:01.140 Now, 2010, I'd like to know what it is since you became governor.
00:06:04.460 Yes.
00:06:04.540 Because 2010 is kind of unfair because you were not the governor.
00:06:07.760 I was going to say that.
00:06:08.040 You were still in the military.
00:06:08.740 I was still in the military.
00:06:09.720 Exactly.
00:06:10.260 Right.
00:06:10.560 No, no.
00:06:10.800 That's what I'm saying.
00:06:11.560 So it's unfair to judge it from that number.
00:06:13.860 Yeah.
00:06:15.060 But I think some blue states, if a blue state became business friendly, so this is 2023 to 2025.
00:06:23.220 Oh, wow.
00:06:23.840 Florida jumps to six.
00:06:25.280 Carolina's one.
00:06:25.920 Texas, South Carolina, Tennessee, Arizona, Florida, Idaho, Georgia.
00:06:29.700 Okay.
00:06:29.900 So it's still red.
00:06:31.020 And then go to the bottom, all the way to the bottom.
00:06:34.540 you're still ranked at the same place, 45th.
00:06:37.280 And then bottom, I'm assuming California is still the worst.
00:06:39.600 What could you do to increase net migration?
00:06:41.760 Because data doesn't lie.
00:06:43.640 Why are people leaving certain states and going to red states?
00:06:47.760 So, I mean, cost of living is still very much an issue for a lot of places.
00:06:51.740 Now, you know, if you actually took a look
00:06:53.660 and you started looking at things like education levels,
00:06:56.360 if you started looking at things like, you know,
00:06:58.960 the attractiveness for corporations to be able to select different places,
00:07:03.220 I think you would actually see more of a flip.
00:07:05.800 You would see where, you know, a lot of those states are at the bottom of that,
00:07:09.220 actually have some of the best when it comes to health care, best when it comes to education.
00:07:14.760 To be fair, Rob, run the report on education.
00:07:17.840 I don't want to be one-sided.
00:07:20.800 Let's run the report on education to see where they rank, where Maryland ranks.
00:07:24.120 But to me, I think, Wes, it's a massive opportunity for business owners.
00:07:29.940 Business owners just are sitting there saying, dude, you don't like me?
00:07:33.220 I will leave.
00:07:34.080 I'll go anywhere and create jobs.
00:07:35.740 That's right.
00:07:36.160 So what can blue states do to get a positive net migration because it's not been happening?
00:07:41.520 So I think there's a few things.
00:07:42.800 One is you've got to be focused on what is it that you are really good at.
00:07:49.020 And I think that's actually been part of the problem.
00:07:50.980 It's the same thing.
00:07:51.740 And I think about it from a founder's perspective and from an entrepreneur's perspective, right?
00:07:55.700 Where if I ask a founder, what is it that you do?
00:07:59.860 No founder worth of salt is going to tell me, oh, I do everything.
00:08:03.220 Because then what it's telling me is you're not focused. What does your company do? And why are you best in class? And I think part of the problem is that for a lot of states, that's kind of been the answer. Where if you look at Maryland, Maryland has said, you know, that we have been focusing on the Eds, the Feds and the Meds, right? That's kind of been Maryland's economic base. And it's been like that for a very long time.
00:08:23.560 One of the things that I've been focusing on is saying, what are we doing to diversify our economy?
00:08:28.220 Because we cannot simply rely on who's sitting in the Oval Office.
00:08:31.140 Or if you look at the fact that, you know, in the past year, I've had over 31,000 people fired, federal workers, you know.
00:08:38.140 And so that's more than any state in this country.
00:08:40.620 There's been no state that's been under a greater level of assault than what we've seen from this federal administration than Maryland.
00:08:47.080 So we've got to find a way to diversify our economy and quickly.
00:08:50.800 And so I decided that I said, here are the things that we are going to target.
00:08:54.100 We're going to target IT.
00:08:56.260 We're going to target life sciences.
00:08:57.920 We're going to target aerospace and defense.
00:09:00.100 It's very clear why.
00:09:01.840 Because some of the greatest assets in the country reside and exist in the state of Maryland.
00:09:06.760 And it's insane for us not to be able to compete for those things.
00:09:09.500 I think about, for example, biotech in Massachusetts 20 years ago.
00:09:14.100 They said, you know, we're going to be the home of biotech because we're the home of Harvard.
00:09:18.640 We're the home of MIT, da-da-da.
00:09:21.060 And so they said, we're going to invest in biotech.
00:09:22.940 And guess what?
00:09:23.580 They became the global head of biotech because they were intentional.
00:09:26.980 We've got to be intentional about the way we're thinking about cyber,
00:09:30.000 about the way we're thinking about AI and quantum,
00:09:32.080 about the way we're thinking about life sciences.
00:09:33.760 When we set out to create a shoe that blends comfort, function, and luxury,
00:09:39.160 we had the choice to make it fast.
00:09:41.300 We had the choice to make it cheap.
00:09:43.380 We chose neither.
00:09:45.060 Instead, we chose Tuscany, Italy.
00:09:46.800 we chose true italian craftsmanship each pair touched by 50 skilled hands we chose patience
00:09:53.960 spending two years perfecting every detail and we chose the finest quality at every step
00:09:59.640 introducing the future looks bright collection not rushed not disposable not ordinary rather
00:10:08.760 intentional luxurious timeless
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