Classic Stossel: Trump on Dodging High Taxes

Republicans are now debating renewing tax cuts

Reminds me of when I interviewed Donald Trump 15 years ago, after dumb NY pols raised taxes on the rich.

Trump practically shouted, "The rich people are going to leave, and other people are going to leave!"

"You haven't left," I say.

"I haven't left yet,” he answers.

Of course, now Trump has left New York. And lots of big taxpaying people left states like New York and California.

This Stossel “Classic" from 2010 examines the consequences of high taxes.