That's the thing about taxing the 1%. They have the money to move wherever the tax rates are lower. You can only tax the rich the amount they are willing to pay.
NYC and New York gambled on their status as a financial center and major city to try to really screw the rich.
They found out that their previous antics were already the limit and once they took away any sense of safety and security there was zero reason to be in the city.
It is like they forgot what is was like in the 70's when the city nearly failed for almost the same reasons.
Listen to this rationalization. Pathetic:
"Millionaires and billionaires who move from the high-tax states in the Northeast to Florida, for instance, may be drawn by the sunshine, lifestyle and retirement culture, in addition to lower taxes."
NO YOU MORON THEY COULD FLY THERE WHENEVER THEY WANT ON THEIR G5'S. THEY CAN HAVE WHATEVER KIND OF LIFESTYLE THEY WANT. THEY LEFT BECAUSE OF TAXES. PERIOD.
Then the idiot writer suggests that this is really about wealth inequality, which of course, they want to equalize with ... you guessed it... taxes.
And there's the problem. When the rich leave, who is next in line to increase taxes on?
That's right - the middle class.
Then they tax the middle class, some of them get pushed into poverty because the rich are now gone so the economy suffers. Then to deal with the poverty they create more social services, but they need to pay for them so what do they do?
I am leaving NY soon, but will not vote for the same kind of shitbags that ruined NY. I don’t vote for them now, but it’s very difficult for a Republican to win here.
not to mention trump saying he'll delete the payroll tax of he gets reelected means any business who doesn't vote for him is essentially happy with committing financial suicide.
Hahahaha!!! The wealthy want a good quality of life to go along with that wealth tax. Liberal mayors did all they could to usher criminals and drug users to wealthy areas in their cities and this is the result.
LOL That guy pays 5% of NY taxes most likely! lol
and the libtards will chase him and audit him whenever he goes, they are desperate for money
That's the thing about taxing the 1%. They have the money to move wherever the tax rates are lower. You can only tax the rich the amount they are willing to pay.
Which is precisely why socialism is inherently globalist.
Very well put.
which is why high corporate taxes are fucking retarded
Never heard of the Laffer curve
NYC and New York gambled on their status as a financial center and major city to try to really screw the rich.
They found out that their previous antics were already the limit and once they took away any sense of safety and security there was zero reason to be in the city.
It is like they forgot what is was like in the 70's when the city nearly failed for almost the same reasons.
I've asked Lefties how they reconcile this, and no word of a lie, their answer was "arrest them if they try to move"
These people are all desperate little tyrants.
Listen to this rationalization. Pathetic: "Millionaires and billionaires who move from the high-tax states in the Northeast to Florida, for instance, may be drawn by the sunshine, lifestyle and retirement culture, in addition to lower taxes."
NO YOU MORON THEY COULD FLY THERE WHENEVER THEY WANT ON THEIR G5'S. THEY CAN HAVE WHATEVER KIND OF LIFESTYLE THEY WANT. THEY LEFT BECAUSE OF TAXES. PERIOD.
Then the idiot writer suggests that this is really about wealth inequality, which of course, they want to equalize with ... you guessed it... taxes.
And there's the problem. When the rich leave, who is next in line to increase taxes on?
That's right - the middle class.
Then they tax the middle class, some of them get pushed into poverty because the rich are now gone so the economy suffers. Then to deal with the poverty they create more social services, but they need to pay for them so what do they do?
You guessed it... more taxes!
Negative feedback loop.
Mental masturbation
SOMEBODY gots to pay for my chilren!
Paywall. Archive link fam?
Dont bring that pile of shit here. Sick of New Yorkers moving to Florida and bringing their dumbfuck ideologies with them
Agreed!
I am leaving NY soon, but will not vote for the same kind of shitbags that ruined NY. I don’t vote for them now, but it’s very difficult for a Republican to win here.
Staten Island is the only true Republican borough, but for how long!?!?!
Wait I thought the millionaires and billionaires didn’t pay their fair share?
not to mention trump saying he'll delete the payroll tax of he gets reelected means any business who doesn't vote for him is essentially happy with committing financial suicide.
This makes me happy. :)
Hahahaha!!! The wealthy want a good quality of life to go along with that wealth tax. Liberal mayors did all they could to usher criminals and drug users to wealthy areas in their cities and this is the result.
Man, too bad y'all squeezed em and bad mouthed em...that sucks for your state. A different state will prosper tho, so it evens out!
Oh god! Dont bring ur politics with you when u come!
Move the stack exchange to Florida. NYC is dying.