Rich Liars Never Make Good On Threats To Leave NYC Because Of Taxes

[mota bhai 2,675]

Rich people are like delicate tropical fish, the canard goes. Asking them to give an extra latté a day to maintain the tank shatters their pH equilibrium like a toddler's grubby playground fist. Sorry to tart up your coral reef with some ceramic skulls, but this theory that higher taxes means a liquidation of the tax base is a lie, and a new report [PDF] from the city's Independent Budget Office confirms it.

...
"High-income New Yorkers were no more or less likely to move than other households in 2012," the report states. "The share of high-income households that moved, 1.8 percent, was just equal to the share of city households with high incomes."

http://gothamist.com/2014/07/21/threat_empty.php

[lostinblue 1,989]

Cuomo defined the conservative Republican New Yorkers he wanted to send packing.

“Who are they?” he said. “Right-to-life, pro-assault weapons, anti-gay — if that’s who they are, they have no place in the state of New York because that’s not who New Yorkers are.”

A 2012 Tax Foundation study found that excessive taxation is causing New Yorkers to leave the Empire State in droves. It reported that New York lost 3.4 million residents in 10 years. Onerous regulation is causing businesses to join the exodus, which continues to this day, much of it to the Sunshine State.

A certain group were told to leave and looks like they are doing this.

[JohnR! 5,495]

Rich people are like delicate tropical fish, the canard goes. Asking them to give an extra latté a day to maintain the tank shatters their pH equilibrium like a toddler's grubby playground fist. Sorry to tart up your coral reef with some ceramic skulls, but this theory that higher taxes means a liquidation of the tax base is a lie, and a new report [PDF] from the city's Independent Budget Office confirms it.

...

"High-income New Yorkers were no more or less likely to move than other households in 2012," the report states. "The share of high-income households that moved, 1.8 percent, was just equal to the share of city households with high incomes."

http://gothamist.com/2014/07/21/threat_empty.php

Which is what everyone new from the onset: Just posturing and grandstanding.

[Mr. Big Dog 10,747]

Oddly, it is the high tax cities, counties and states of this nation where the very wealthy live. The low tax cities, counties and states, on the other hand, are largely home to the nation's poor. But let the right wingers pretent otherwise.

Edited July 21, 2014 by Mr. Big Dog

[mota bhai 2,675]

Oddly, it is the high tax cities, counties and states of this nation where the very wealthy live. The low tax cities, counties and states, on the other hand, are largely home to the nation's poor. But let the right wingers pretent otherwise.

Truth. Lot more rich people (as a percentage of population) in New York and New Jersey than in Mississippi or Oklahoma.