I have to sell our State and say how good the business climate is there under our Governor Tommy Thompson. But we have a lot of people transferring in from a higher-priced home area, such as California, to a lower-priced area, such as Wisconsin. And, of course, those folks are the ones that sold their homes in California for lots more money and came to Wisconsin and bought a less expensive home, and in the past, they would have owed a substantial amount of money to the Federal Government in capital gains tax. That is gone. They would no longer owe that money. Is this not what America is about? It is not just about the money, it is about the idea of people having the freedom to take that job promotion to provide a better life for themselves and their family. It is about the opportunity to live the American dream in our Nation again and the tax policies freeing up people to do what they see as opportunities to provide this better life for themselves and their family. That is what this is about.
Mark Neumann: “I have to sell our State and say how good the business climate is there under our Governor Tommy Thompson. But we have a…”
Editor's note · Context
Discussing the impact of tax policies on homebuyers moving from California to Wisconsin.
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