Pete Buttigieg says higher taxes would help America build fast trains. Has he seen California’s high-speed rail? "If we had a more reasonable rate of taxation on capital gains and corporate income, and made it harder to pass along inherited wealth..." "We’d be out of this doom loop we’re in saying... We can’t possibly do something like fast trains here in the United States. Of course we can. This is the wealthiest economy in the world." "If we aren't collecting a fair level of taxes, then of course we're going to come up short when we're trying to fund those things." California started its high-speed rail 18 years ago. Original cost: $33 billion. Current estimate: $230 billion. They've already spent $15 billion. They've built 0 miles of operational high-speed rail. Low taxes isn't why America can't build fast trains.