Skip to comments.Escape From New York? High-Taxing Empire State Loses 3.4 Million Residents in 10 Years
Posted on 05/29/2012 3:26:00 PM PDT by Olog-hai
New York State accounted for the biggest migration exodus of any state in the nation between 2000 and 2010, with 3.4 million residents leaving over that period, according to the Tax Foundation.
Over that decade the state gained 2.1 million, so net migration amounted to 1.3 million, representing a loss of $45.6 billion in income.
Where are they escaping to? The Tax Foundation found that more than 600,000 New York residents moved to Florida over the decade opting perhaps for the Sunshine States more lenient tax system taking nearly $20 billion in adjusted growth income with them.
Over that same time period, 208,794 Pennsylvanians moved to Florida, taking $8 billion in income.
Many of these New York and Pennsylvania residents no doubt moved to Florida for the warm weather, says the foundation, a nonpartisan research group. [B]ut many more may have moved there because the state does not have an individual income tax, an estate tax, nor an inheritance tax.
The Tax Foundation has created a migration calculator based on data from the Internal Revenue Service, tabulating the number of individuals moving between states each year, and income affected by the shifts.
The calculator shows that 612,520 people renounced their citizenship in New York State and moved to Florida in the 10-year period, taking with them $19.7 billion in adjusted growth income.
Between 2009 and 2010 alone, 40,195 New York residents moved to Florida, taking $1.3 billion in income.
(Excerpt) Read more at cnsnews.com ...
Those leaving have been the makers and the ones moving in are the takers, you figure out where it will end.
The greater irony is that (I believe) many of those going to Florida are retired NY public employees taking their tax-payer funded pensions with them.
I am one of them, though I left 12 years ago, not within the last 10. I am relatively intelligent, and a highly skilled computer developer, and I left on a combination of taxes, bad gun laws, and the election of Hillary Clinton to the Senate.
Atlas sure does shrug, doesn’t he?
Not to worry, we have jaded fools coming from all around the country, not to mention the world to live and work here, so I’d assume our population for the boroughs doesn’t fluctuate much.
Count me exiting too.
Soon the state will just have the poor and union peoiple left.
Just another small liberal NE state.
I love Texas.
NY is one of those states that has a “natural” loss of retirees to warmer locations - particularly Florida - which, unavoidable in some ways and to some extent, should have made NY state politicians MORE ambitious, NOT LESS, towards creating job-creating tax and regulatory environment.
Instead, while it retains fewer retirees than many states, it (the politicians) work against private industry creating jobs. Kinda like an economic suicide pact.
Stop the presses!
Laz is a...Yankee?
Say it ain't so!
For immigrants to FL, once you cross the border on I-75 or I-95, continue south for several hours at least.
Avoid the panhandle at all costs.
That's absolutely true. It's the people who want to work and couldn't who have left. And, though I don't have any statistics to back it up, I suspect the New York diaspora is more Republican than Democrat which explains why NYS politics trend ever-leftward.
Now, there are still a lot of us struggling to make a productive living and keeping our little towns and villages alive. But it's tough. Every other person seems to be on food stamps, welfare, disability, and/or WIC these days.
And, no. I don't want to leave. I love it here. Upstate New York is beautiful and it's home. Will just have to tough it out and send reports from behind enemy lines as needed.
What do you mean people leaving NY! I was there two weeks ago and the place was packed!
Oh wait, they were all tourists like me! Back home now. I did meet a few NY residents who are preparing to leave and move South.
Where is everyone running away from today?
Better yet, where are they running to this week?
Let me guess, Miami?
but when the euro goes under par the gravy train will be over, imho. that one, at least.
I wouldn’t move to Florida even if my life depended on it.
I despise heat.
When I was working I told my co-workers I was retiring to International Falls,MN.
I stayed in MA.
FWIW, I’d bet that CA really has more emigration — it’s just that so many more illegals can just walk across the border into CA than into NY that the difference doesn’t seem as great.
Left the Rochester Gulag of the Peoples Republic of NY in 78 to join the military
Ended up in TX
Went back in the 80s for 4 years. Just reminded me of the reasons I left in the first place.
Got stationed back in TX after a tour in the UK. Never turned back. When I retired in 99, some people asked me if I was going back.
I told them that I had just spent over 20 years in an organization that was meant to fight communists. Why would I want to go to a communist state?
Many did not get it
Left Massachusetts. Taxes, Traffic, Weather, Gay Marriage, Gun Laws...
Those that actually DO SOMETHING about their situation are the real Intelligentsia\Cognescenti.
Those that ignore reality are like the frog in the heated pot. Like those who failed to act, and became a Holocaust statistic...
” Avoid the panhandle at all costs.”
Who the hell wants to live south of Tampa/Orlando??
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.