Supreme Court Blesses a Home-Equity Trap + The 5-State "Exit Tax" Toll Booths Spreading Fast

Matt argues states are building "toll booths" to capture homeowner equity on the way out, often under softer names, and walks through five examples: New Jersey's 10.75% gain/2% sale-price withholding on nonresident home sales; Massachusetts' 4% "Fair Share" surtax over $1M that can hit one-time home-sale gains and has raised $5.7B since 2022; Washington's newly signed 9.9% tax over $1M starting 2028 that he says can reach former residents; California's proposed 2026 Billionaire Tax Act with a retroactive measurement date and constitutional changes enabling future wealth taxes; and a New York City proposal to cut the estate-tax exemption to $750k and raise the top rate to 50%. He also covers a unanimous Supreme Court ruling involving a Michigan tax foreclosure where a $194,400 home sold for $76,008 over a $2,242 bill, with compensation tied to auction price, and urges viewers to verify property taxes are paid and review assessed value.