Home > General, News, Political, Politics, Pre Pulse Ramblings, Society > New York: Tax Capitol of the World

New York: Tax Capitol of the World


If you had read my earlier post “Rich States, Poor States”, that is the report The Wall Street Journal is referring to (American Legislative Exchange Council or ALEC).  In that report, citizens of NY State were in “full flight” many fleeing to Georgia, the State’s taxes and intrusion into the “free” people of that state was too horrific.  Now New York has just become the number one taxing entity IN THE WORLD… somehow the Marxists of New York are under the full delusion that increased taxes brings prosperity…

 

The politicians of New York are unaware of The Laffer Curve, believe it doesn’t exist, and delude themselves into thinking that previous tax increases increased government revenue… I love the moment where The Wall Street Journal quips:

 

“(Yes, the pols in New York actually hold up New Jersey, whose economy and budget are also in shambles, as their role model.)”

 

Number 1 in taxation…NOT a statistic I would want my State to share…and thank the LORD I live in Florida, where we are MILES away from New York in taxation.

Story

 

Fil “Filvis” Rechnitzer

US Air Force MSgt (Ret)

  1. No comments yet.
  1. No trackbacks yet.

Thanks. If you have never commented on this blog, it will appear once approved.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: