Wednesday, May 30, 2012

3.4 Million In 10 Years Left New York, Due to High Taxes.

The same outpouring from California has been going on for years. Most go to Texas.


Refer next to a portion of the report, 
California is also known for more onerous taxes and regulations, and the foundation shows similar trends of migration from there to other states like Texas and Arizona.
The Tax Foundation ranked the Golden State sixth highest in the nation for state and local tax burden in 2009.
Between 2000 and 2010, the most recent data available, 551,914 people left California for Texas, taking $14.3 billion in income.  Texas has no state income tax or estate tax.
  • How soon will the fleeing leftists infect the receiving state with their Socialist ideas?
  • It has already happened to Oregon, Colorado and Washington State.
  • Perhaps many more would leave California, if they could unload their undervalued property.
More to read from this excellent report from CYBERCAST NEWS SERVICE by Elizabeth Harrington.

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