The Government is merely a servant -- merely a temporary servant; it cannot be its prerogative to determine what is right and what is wrong, and decide who is a patriot and who isn't. Its function is to obey orders, not originate them. - Mark Twain

Well blow me down!

by AlexinCT

It looks like the collectivist robber barons are about to again learn about the law of unintended consequences. New York state is one of those “fleece the rich” North Eastern blue states with punitive “progressive” taxation that does not apply to a few lucky people like Charles Rangel, and this is what it has resulted in:

New Yorkers are fleeing the state and city in alarming numbers—and costing a fortune in lost tax dollars, a new study shows. 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. “The Empire State is being drained of an invaluable resource—people,” the report said.

think the collectivists running that freak show will figure out their policies drove away the productive or will they decide that the answer to their decreasing revenue problem is to fleece the productive even harder? I am voting for the later.  And it doesn’t stop there. Here is the bad news:

What’s worse is that the families fleeing New York are being replaced by lower-income newcomers, who consequently pay less in taxes. Overall, the ex-New Yorkers earn about 13 percent more than those who moved into the state, the study found. And it should be no surprise that the city—and Manhattan in particular—suffered the biggest loss in terms of taxable income.

Who would have thunk it? When you fleece the productive to buy votes from the unproductive, your productive people will bail and more of those non-productive people will move in to suck at the government’s teat. I see a pattern here. Even the USSR which had a prison state and didn’t allow the people to leave could not make this crap work. The Chinese are playing a shell game and for now things are going the way of the communists running that state as well. But sooner than later they too will realize the model they have is unsustainable when people want freedom. Especially with the US going more collectivist than they are and depriving them of a market to dump their stuff. Anyway, there was good news for New Yorkers:

The study also had some good news. The peak loss of New Yorkers was in 2005, when nearly 250,000 residents left the state. But last year, only 126,000 left, the lowest figure over the eight-year period.

I wonder how many of those 126K that left were millionaires fleeing that new millionaire tax. I bet that hurts even if there are a few dozen of them.

Comments

Posted by on 10/29/09 at 04:34 AM from

Sucks when the victims won’t stay put to be victimized, doesn’t it?

Posted by on 10/29/09 at 08:39 AM from

Seems like I read a book like this once. Where did they all go? Colorado?

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