It’s clear from both U-Haul rentals and IRS data that high-income folks, having their selfish self-interest tickled by Blue State taxes, are moving to low-tax (that would be Republican) states – and taking their money with them—big Time.
Selfish is what the Progressives are holding to as they DO hate people that take money away from Government. After all, Government only does GOOD things with money that isn’t their own, right? Always being frugal to the point of fingertips touching both sides of a dime.
Er, not quite:
Florida and other low-tax states lead the country in job growth. Employment grew 4.5% in Florida and 4.3% in Texas over the past year compared to 2.5% in California and 2.2% in Illinois. In March the unemployment rate was 5.4% in New York City metro region, 5% in Los Angeles, 4.5% in Chicago versus 1.9% in Miami.
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California, New York, Illinois, and New Jersey are all Democrat-run States. They can blame Republicans (and do), but Republicans have little to say (especially in California) about the policies that spend all the money. Look at CA Gov. Newsom, who took a $100 billion surplus last year to a $31 billion deficit.
Illinois is also in bad shape.
Yet, even with the specter of financial ruin being their alarm clock, they persist with these kinds of policies – and people are fed up.
HT | Powerline
