06-10-2023, 01:33 PM
The reason why people are leaving NY and California for Florida and Texas.
https://www.foxbusiness.com/personal-finance/moving-miami-new-york-can-save-some-americans-nearly-200k
"Florida saw the biggest rush of new residents, with about 319,000 Americans relocating there in 2022, according to data from the National Association of Realtors (NAR). That amounts to a population increase of nearly 2% — well above the 0.4% national growth rate recorded in the U.S. between July 2021 and July 2022.
On the other end red states that led in population growth include Texas, North Carolina, South Carolina, Tennessee, Georgia, Arizona and Idaho.
On the other end of the spectrum, California, New York and Illinois, which have some of the highest tax burdens in the country, saw the biggest population declines in 2022. California saw its population tumble by more than 343,000 people in 2022, although New York had the overall largest decline in its population with a 0.9% drop.
What will it mean long term if NY and California can't change the trend?
1. Tax income per state will decrease drastically.
2. Home and business property will decline in value due lack of demand.
3. Eventually due to population loss, it could change the dynamics of politics because these states may lose number of representatives.
These are deeply liberal states losing the battle to bring in more people and thus more tax revenue.
So simple question on the economy, do you want to live under high tax liberal policy paying up to 45% of your income? fr, do you want to live in a place where taxes are reasonable and you have a chance for your property and your take home pay to increase?
https://www.foxbusiness.com/personal-finance/moving-miami-new-york-can-save-some-americans-nearly-200k
"Florida saw the biggest rush of new residents, with about 319,000 Americans relocating there in 2022, according to data from the National Association of Realtors (NAR). That amounts to a population increase of nearly 2% — well above the 0.4% national growth rate recorded in the U.S. between July 2021 and July 2022.
On the other end red states that led in population growth include Texas, North Carolina, South Carolina, Tennessee, Georgia, Arizona and Idaho.
On the other end of the spectrum, California, New York and Illinois, which have some of the highest tax burdens in the country, saw the biggest population declines in 2022. California saw its population tumble by more than 343,000 people in 2022, although New York had the overall largest decline in its population with a 0.9% drop.
What will it mean long term if NY and California can't change the trend?
1. Tax income per state will decrease drastically.
2. Home and business property will decline in value due lack of demand.
3. Eventually due to population loss, it could change the dynamics of politics because these states may lose number of representatives.
These are deeply liberal states losing the battle to bring in more people and thus more tax revenue.
So simple question on the economy, do you want to live under high tax liberal policy paying up to 45% of your income? fr, do you want to live in a place where taxes are reasonable and you have a chance for your property and your take home pay to increase?
![[Image: 4CV0TeR.png]](https://i.imgur.com/4CV0TeR.png)
First 6 years BB - 41 wins and 54 losses with 1-1 playoff record with 2 teams Browns and Pats
