TIME TO DUMP SOME HUMPS.

Joined
Jun 27, 2017
Messages
1,153
According to the IRS: From 2019 to 2021, New York State lost a total $53 billion dollars of adjusted gross income (AGI) of people that left the state. At a taxation rate combined state/local of 14.8%, this would represent a loss of tax receipts of $7.84 billion per year. This loss has been increasing every year.

The IRS also note that taxpayers leaving the state earn $30,000 to $40,000 per year more than taxpayers moving into the state. In Illinois, 28% of taxpayers leaving the state earn more than $200,000 per year.

In nature. this is called a death spiral.
 
Joined
May 16, 2008
Messages
844
And the Governor of NY is planning to push hard on a major housing initiative that would rezone huge areas of the suburbs, to allow multifamily dwellings in single dwelling areas and to ease the construction on large multiple dwellings in areas with train stations.
This is a dagger aimed at the heart of the suburbs- under the guise of ameliorating a "housing crisis" and enhanced "diversity".


It is no longer a fringe idea to say that the people in power (fed, state & local), have absolute contempt for the people who live here. America has cancer. It's clearly not the same country we grew up in.
 
Joined
Jun 27, 2017
Messages
1,153
According to the US Census Bureau: between April 2020 and July 2022, New York City population decreased by 468,297 people (5.3%). That's over 20 people every hour gone; every hour of every day.
 
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