According to research, New York City has lost 10% of taxpayers earning more than $750,000 and 6% of those earning between $150,000 and $750,000.
Nonetheless, encouraged by the midterm elections, leftists are demanding even higher tax hikes on the wealthy:
“According to a new municipal estimate, a large number of high-income earners will leave in 2020. Progressives, however, are refusing to heed the warning, instead seeking to “tax the rich” once more.”
“The city’s Independent Budget Office research found a 10% drop in taxpayers earning more than $750,000 and a 6% drop in those earning between $150,000 and $750,000. These ex-New Yorkers will no longer pay high city and state taxes, resulting in much less cash to fund progressives’ pet projects.”
“Clearly, many taxpayers left to avoid New York’s exorbitant taxes. However, the radicals who are increasingly dominating local politics want to lash out even harder at those who have not left: Last Monday, a coalition of advocates and government leaders launched a preposterous $40 billion in extra taxes on the wealthy.”
It’s strange how people don’t flee places controlled by conservatives.
This is why the left despises liberty. This is why Marxists like Fidel Castro had to construct a jailed state, which is what Cuba is. This is why the left despises state sovereignty. This is why the left loves fascism of centralized one-size-fits-all power.
It drives the left insane because if Americans are unhappy with the left’s bad policies, we can always just up and move to some other state with different policies. This irritates them for two reasons: 1) they can no longer bully us and take our money to pay their self-serving do-gooder initiatives, and 2) individuals fleeing their policies demonstrate that their policies are unpopular and a failure.
This is why it is critical for each state to be as self-sufficient as possible.
If their present state (or city) turns hostile to them, Americans must have a place to go.
If leftists in Florida are dissatisfied with being surrounded by people that do not have to obey Dr. Fauci’s fascist China Flu guidelines, they can always relocate to the hellscapes of Los Angeles or Manhattan.
Assume that residents of Manhattan and Los Angeles are fed up with high taxes, crime, violence, filth, a lack of housing, tent cities, poor schools, and illegal aliens being permitted to vote. If that’s the case, they can relocate to Mississippi or Florida, or any other sane state.
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