Results 1 to 2 of 2
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
-
09-02-2015, 12:50 AM #1
IRS: New York Lost Most Tax Paying Residents In 2013
IRS: New York Lost Most Tax Paying Residents In 2013
KERRY PICKET
Reporter
5:43 PM 09/01/2015
More taxpaying residents left New York than any other state in the nation, IRS migration data from 2013 shows. During that year, around 115,000 New Yorkers left the state and packed up $5.65 billion in adjusted gross income (AGI) as well.
Americans for Tax Reform (ATR) notes, “This new data shows that New York will remain America’s ‘Biggest Loser,’ having lost nearly 1.6 million taxpayers between 1985 and 2013. Those residents took with them more than $80.8 billion in annual AGI.”
“The phenomenal failure of New York to retain taxpayers and businesses is directly related to its uncompetitive tax and business climates. By some measures, New Yorkers face the greatest tax burden of any state in the nation.”
Special: New Probiotic Fat Burner Takes GNC by Storm
Although Democrat Governor Andrew Cuomo acknowledged that New York is the “highest tax state in the nation” and it has “cost us dearly,” he continues to put forth policies that economically cripple New York residents and businesses.
Cuomo banned hydraulic fracturing in the state and struck a deal with General Electric that will force New York tax payers to subsidize General Electric.
ATR points out that New York’s personal income tax system is composed of eight tax brackets with a top rate of 8.82%.
Additionally, the corporate tax of 7.1% and property tax collections are $2435 per person.
New York lost most of its population in 2013 to Florida — 20,465 residents ($1.35 billion loss), New Jersey — 16,223 residents ($1.1 billion loss), Texas — 10,784 residents ($354 million loss), North Carolina — 9,070 residents ($294 million loss), California — 7,849 residents ($200 million loss).
Up until the Empire State recently put forth some tax reductions, ATR ranked New York as the nation that had the most burdensome state and local taxes.
Read more: http://dailycaller.com/2015/09/01/ir...#ixzz3kYNxL7AN
-
09-02-2015, 02:35 PM #2
"Although Democrat Governor Andrew Cuomo acknowledged that New York is the “highest tax state in the nation” and it has “cost us dearly,” he continues to put forth policies that economically cripple New York residents and businesses."
NO AMNESTY
Don't reward the criminal actions of millions of illegal aliens by giving them citizenship.
Sign in and post comments here.
Please support our fight against illegal immigration by joining ALIPAC's email alerts here https://eepurl.com/cktGTn
Similar Threads
-
OF REPUTATIONS LOST: THE NEW YORK TIMES AND SEAL TEAM SIX
By Newmexican in forum Other Topics News and IssuesReplies: 0Last Post: 06-09-2015, 10:44 AM -
New York City Murder Rate In 2013 Reaches Historic Low
By JohnDoe2 in forum General DiscussionReplies: 0Last Post: 01-02-2014, 02:21 AM -
2013 Forbes 400: The rich have now regained all their lost riches
By JohnDoe2 in forum Other Topics News and IssuesReplies: 0Last Post: 09-16-2013, 03:04 PM -
New York Times editorial board says administration has 'lost all credibility'
By Jean in forum General DiscussionReplies: 3Last Post: 06-06-2013, 11:11 PM -
A New York Reader Says Queens Residents Are Learning The Har
By agrneydgrl in forum General DiscussionReplies: 1Last Post: 06-14-2009, 12:25 AM
We must push through early Thurs at this critical moment
04-24-2024, 10:44 PM in illegal immigration Announcements