Of Kids & Nerd Posses
This Is One Big Problem with Red Flag Laws
Alabama Bill, If Passed, Would Put Gun Owners in Danger
Marco Rubio Leaves CBS News' Margaret Brennan Speechless After She Claimed Nazis 'Weaponiz...
Top Trump Official May Jump in the Race for California Governor if This...
Students for Justice in Palestine Groups Suspended by UCLA
Zelensky Fumes Over Trump’s Push for Russia Talks Before Ukraine
Bombs Biden Admin Withheld from Israel, Finally Arrive Thanks to Trump
Wait Until You See the Roaring Entrance Trump Made at the Daytona 500...
Major Left-Wing Outlet Accused of Twisting JD Vance’s Words
Democrats in a Scary Place When It Comes to Support for Israel
Macron Calls for Emergency Meeting With World Leaders to ‘Discuss’ Trump
US Army Announced It Will 'No Longer' Accept Transgender Applicants
Vivek Ramaswamy to Kick Off His Governor Bid This Month
NYC to Sue Trump Admin Over $80 Million in Funding Revoked for Migrant...
Tipsheet

‘Shark Tank’ Business Tycoon Reveals Why He Does Not Invest in Democrat-Led States

AP Photo/Damian Dovarganes

In a soon-to-be-aired episode of Unmuted with Marsha Blackburn, “Shark Tank” investor Kevin O’Leary revealed that he does not invest in Democrat-led states because of their left-wing policies that hurt businesses. 

Advertisement

“I'm not trying to get involved in the partisanship of this statement. Just a fact, I don't invest in New York, I don't invest in Massachusetts, I don't invest in California. In my mind, those are examples of states that are uninvestable because of bad policy,” O’Leary explained in the episode, which was shared with Townhall.

“So, I’m looking for the path of least resistance. If you make it hard for me to make money, I just take my money and go somewhere else. So, in America today we have this giant competition of states, which is really incredible. The states that have lowered taxes, reduced regulatory environments are getting all the spoils. That's where people are putting their money,” he added. “You see these phenomenal success stories like Texas and Florida and now North Dakota and others that have made it easy for businesses to grow. Anytime you throw resistance at them, they just go somewhere else.”

O’Leary pointed out that Tennessee, the state Blackburn represents, is a “monster success story.”

“Look at what's going on in Nashville. Show me numbers like that,” he explained. “Fantastic tax policy, reduced regulatory environment, reduced permitting time. Like this is what matters. That's why you're getting all that stuff. I mean, Nashville's on fire. You can't even get a hotel room there anymore.”

Advertisement

Last year, O'Leary explained to CNN that states like New York were “punishing people if they’re successful,” which Townhall covered.

“The policy here is insane; the taxes are too high," O'Leary explained, adding, "the regulatory environment is punitive. I had a project in Upstate New York behind the grid in Niagara Falls for electricity — a global data center we were building. Eventually, it got so bad with the politicians in the local region and the state policy we moved it to Norway and all the jobs."

In the interview, O’Leary pointed out that far-left politicians Rep. Alexandria Ocasio-Cortez (D-NY) and Sen. Elizabeth Warren (D-MA) were “great at killing jobs.”

"Where did Amazon take their jobs? They took them away from her [Ocasio-Cortez]. She threatened to sue them if they created jobs. I mean, this is a reality," O'Leary said. 


Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement