Posted on 02/19/2019 3:10:34 PM PST by therightliveswithus
New York Governor Andrew Cuomo announced this month that the state faces a surprise hole in its budget to the tune of $2.3 billion. The legacy Democrat failed to add that the deficit was caused by oppressive policies that have gutted the population and wealth of New York. Instead, Cuomo conveniently blamed President Trump and the Republican tax cuts for the shortfall. While the new cap on the state and local tax deduction has likely prompted some of the high earners in New York to pack up and move to low tax jurisdictions, it is not tax reform causing the bulk of the exodus. Rather, decades of poor policies at the state and local level are to blame.
New Yorkers pay an average of 12.7 percent of their income in state and local taxes and face some of the highest property taxes in the nation. New York City, where more than 40 percent of the state population lives, is the most expensive city in America, with affordable neighborhoods ridden with crime and homelessness. It is no wonder why people are fleeing in droves, with 1.2 million New Yorkers leaving since 2010. Last year, New York had the largest overall population loss in the nation. As residents continue to leave, the huge hole in the state budget will only increase.
(Excerpt) Read more at thehill.com ...
I visited Manhattan last year, and when I looked at the jobs that are done there, about 70% of them were on computers and could easily be moved somewhere cheaper. The whole skyscraper crowding/high cost/commuting thing made no sense to me at all.
How is that free tuition working out for him?
I MOVED to NYC in 1969 and lasted 4 DAYS and spent $1000.00 on EATINg and TAXIS!!!
The limousine Liberals dont like the middle class. They clog up their roads.
Born and raised and fleeing shortly!
And yet they continue to vote for the geniuses that run the state into the ground.
I think Hitler proposed the same thing for Berlin, right before Russia marched into the city.
Its a good Hitler wanted it torn down, the Russians a fine job of that.
Cuomo blames Trump!
Oh no, this is just terrible, this means New York might not vote for Trump!!
LMAO, s*cks to be you Cuomo. LOLOLOL
This should be front page on cnn and USA today webpages. Of course, crickets.
Unfortunately upstate population is dying off. Id bet the average age just upstate is probably 67 years old.
I’m still in Colorado, just way out west. It’s fine. Denver is a horror, but the boonies/non-tourists areas are still good to go.
Actually we need walls all around nyc, dont let anyone out.
Same with most large urban socialist hellholes.
Cordon them off, let em starve off, then remove the dead filth.
Yeah?
So?
Raise taxes.
There - I fixed the New York problem. :)
New York City (and its environs) is the necrotic tumor. We need to care more about the metastases.
Note to the nation from the wasteland known as Upstate: Keep voting for ‘Rats and RINOs and all this, too, can be yours!
why what they need is 25,000 $150,00/yr.jobs. Oh wait, AOC now on the Finance and Oversight Committee said “No!” We only want $15.00/hr. like I pay my interns and for illegals only.
Don’t worry, the feds will bail them out like last time.
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