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 ...
Yankee by Birth, Southern by the Grace of God.
Can’t help where you are born, but you can help where you move. :)
Immigration is propping up NYC. I think it’s too bad that NYC is way too expensive...I would totally had loved living there.
It’s a trap. New York is only trying to get rid of some of its population. Don’t they know that the other side of the Hudson is only a gigantic mural? That scene is fake! And that if they cross it, they’ll only fall off of the edge of the world into nothingness?
;-)
We people outside of New York are fake, too, BTW. We’re fictitious characters created by computers for the Internet and don’t exist as people.
I’m a computer-constructed redneck, previously designed to scare New Yorkers away from any thought of trying to cross that river. Go figure. ;-)
Not me.
Unfortunately they take their politics with them. The same is happening here in Arizona. We get all the California refugees who are now trying to californicate Arizona.
Yeah. It’s the warm weather. LOL.
They do that here in Nevada as well.. mostly its Californians trying to change this town I live in. That said, we DO fight back and do not allow it.
Having grown up in NYC and living in CA for 8 years, I was happy to embrace freedom, some move here from CA and are destined to create another CA in Nevada however lol
Incomplete message - they lost 3.4 million residents of above average income. How many ways do you spell Atlas Shrugged?
Of course many moved to warmer climes for retirement but the state hasn’t helped itself by staying in the 1930s.
That’s a funny movie to watch now, since New York City in the film was more free than the little nanny-state they have now. Modern NYC, with their no-smoking, no-trans fat, no-salt laws is more like the Federal government in Escape from LA.
I agree. I also like to see changes in the seasons.
What took them so long, I left in “72... for Texas.. I have never looked back...
Good for you guys. I guess california has politically polluted Oregon and Washington too.
ah yes, turning the state of N.Y. into Detroit...
“Immigration is propping up NYC. I think its too bad that NYC is way too expensive...I would totally had loved living there.”
You’re right; that is why Commissar Bloomberg wants NYC to be a “sanctuary city”. As the Americans flee, they are being replaced by foreigners; unfortunaley the illegal ones don’t count and NY (like NJ, for the same reason) lost a piece of the electoral pie.
I've heard of Adjusted gross income but what is Adjusted growth income - is she writing with a lithsp?
As the great New Yorker, Yogi Berra once said, "Nobody goes there anymore. It's too crowded."
This is what frightens me more than anything. fifty or sixty years ago all of northern New England was strongly Conservative. Then, when their policies made MA, RI, CT, NY and NJ (Bosyork) as it has come to be known)unlivable they moved to areas that were not screwed up by what they had been voting in for years. At this point they start voting the same way and have screwed up where they moved.
Perhaps we need a voting probation period where if someone moves to a normal area (say Texas)their neighbors would interview them to see if they understand why things work the way they do and why things were stinko where they came from. Then they will be allowed to "test vote." After some years of learning they would then be able to vote for real.
Or, we could set up border crossings to keep the pink Volvos and Obama bumper stickers out like East Germany kept the Trabants in.
if one gets a state pension from NYS, which is not taxed in NYS, does one loose that tax benefit if they move their residence to another state?...just curious...lots of people getting fat pensions from NY..
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.