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Tax collectors chase rich New Yorkers moving to low-tax states.
Posted on 3/8/19 at 10:21 am
Posted on 3/8/19 at 10:21 am
This is the latest proof of, "It's our money, not yours!"
quote:LINK
The cat-and-mouse game between state tax collectors and wealthy New Yorkers who are moving to Florida has reached new levels — and gone high tech. New federal tax laws limiting the deduction of state and local income taxes have created incentives for wealthy New Yorkers to move to Florida or other lower-tax states.
New York Gov. Andrew Cuomo last month blamed wealth flight for the state’s $2.3 billion revenue shortfall in December and January.
“Tax the rich, tax the rich, tax the rich,” he said. “We did. Now, God forbid, the rich leave.”
But the New York State Department of Taxation and Finance is making sure that high earners who try to leave don’t escape without an audit and a bill.
More than half of those who were audited lost their cases, and the average collected by New York State between 2015 and 2017 was $144,270 per audit.
New York conducted about 3,000 “nonresidency” audits a year between 2010 and 2017, collecting around $1 billion, according to Monaeo, a company that sells an app for tracking and proving tax residency.
11
Posted on 3/8/19 at 10:23 am to LSURussian
quote:
“Tax the rich, tax the rich, tax the rich,” he said. “We did. Now, God forbid, the rich leave.”
lmao
quote:
Monaeo, a company that sells an app for tracking and proving tax residency.
frick this developer
Posted on 3/8/19 at 10:23 am to LSURussian
Rush has talked about this a lot. He said the state of NY harassed him for 10 years after he moved to Florida.
Posted on 3/8/19 at 10:23 am to LSURussian
Isn't New York state legislators proposing an exit tax on citizens moving out of that shite hole?
Posted on 3/8/19 at 10:24 am to LSURussian
New York has such garbage politicians
Cuomo
AOC
Jeffries
Nadler
Gillibrand
Schumer
De blasio
Good lord
Cuomo
AOC
Jeffries
Nadler
Gillibrand
Schumer
De blasio
Good lord
Posted on 3/8/19 at 10:25 am to LSURussian
I just hope this dosnt help turn florida blue
Posted on 3/8/19 at 10:26 am to LSURussian
It was Chuck Schumer who was calling for a massive tax on anyone rescinding their citizenship and moving elsewhere.
As if they were taking the government's money with them.
As if they were taking the government's money with them.
Posted on 3/8/19 at 10:30 am to LSURussian
quote:
“Tax the rich, tax the rich, tax the rich,” he said. “We did. Now, God forbid, the rich leave.”
To quote the Bard:
Well, well, well...if it isn't the consequences of my own actions?
Posted on 3/8/19 at 10:32 am to LSURussian
quote:
“Tax the rich, tax the rich, tax the rich,” he said. “We did. Now, God forbid, the rich leave.”
He's such a doofus. 
Posted on 3/8/19 at 11:17 am to LSURussian
quote:
New York Gov. Andrew Cuomo last month blamed wealth flight for the state’s $2.3 billion revenue shortfall in December and January.
“Tax the rich, tax the rich, tax the rich,” he said. “We did. Now, God forbid, the rich leave.”
Top10 worthless politician in the country. He can seriously go frick himself.
Posted on 3/8/19 at 11:22 am to LSURussian
Posted on 3/9/19 at 9:09 am to LSURussian
frick them. Probably Prog scum trying to beat the system. You’re either a NY’er or your not. Quit moving to the south and face the music of what your and your ilk have done.
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