The New York Post reports that taxpayers are leaving the state in record numbers to avoid high taxes:
More than 1.5 million state residents left for other parts of the United States from 2000 to 2008, according to the report from the Empire Center for New York State Policy. It was the biggest out-of-state migration in the country.
The vast majority of the migrants, 1.1 million, were former residents of New York City — meaning one out of seven city taxpayers moved out.
Why all the moving vans?
The center, part of the conservative Manhattan Institute, blames the state’s high cost of living and high taxes.
This is the same reason prominent and wealthy Brits Andrew Lloyd Weber and Michael Caine have threatened to leave the U.K.
As Pete Seeger would say, “when will they ever learn?”
9 responses so far ↓
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7 States Rolling Back Soak the Rich Strategy // Jun 9, 2011 at 9:40 pm
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8 Florida Increases Corporate Tax Exemption: Will it Create Jobs? // Jun 16, 2011 at 11:07 am
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9 CBPP Admits Tax Flight Occurs in Study Titled “Tax Flight is a Myth” // Aug 5, 2011 at 11:10 am
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