re: The sad reality of people leaving NY City

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OK. Let’s compare TX versus NY. I pay about 2% of my home price per year and then federal taxes. Much lower then the NY taxes

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Cool non-sequitur, baw.

The TX tax regime has frick all to do with NY.

Again -- no one pays 60% of their income in taxes as that poster claims.

Stop posting easily disprovable shite on this board. Makes you look deranged and retarded.

I will say this. A young couple with one small child moved to my Texas neighborhood from Seattle. They looked like Seattle people. And within a year, the wife was a Trump supporter. The husband didn’t talk much politics although I believe he remained left, he wasn’t hardcore about it.

So there’s hope once people leave their bubbles.

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Of course not

Top marginal rates aren't the same as effective rates

That's not to say that the very wealthy don't have high income taxes in NYC because they certainly do

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Sure but don't post lies to prove your point. You lose all credibility by lying.

That was my only point.

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The sad reality of people leaving NY City

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They will move to conservative states and still vote Democratic.

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That has not been the case with Florida. People have been leaving New York and coming to Florida for over 10 years and Florida has gone from a swing state to a solid red state.

Don't forget this gem!

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Obamacare asses an additional 0.9 percent Medicare tax on earnings and a 3.8 percent tax on net investment income (NII) for individuals with incomes exceeding $200,000 and couples with incomes exceeding $250,000

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The people leaving are likely conservatives

So how much is too much for you?

i know the difference between marginal or effective rates. Are you willing to pay taxes at a 60% rate over the top?

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NY State has up to a 11% income tax. NY City has another almost 4% income tax. Stack that on top of the upper wealthy of roughly 38% federal tax So living in NYC will cost you roughly 60% on your income. You must be a moron to live there.

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That is the reason why Dems insisted on increasing the SALT deduction.


No one in their right mind is paying 60% in taxes. With the right deductions, you are lucky if they are paying an effective tax rate of under 40% and if they are really wealthy and steer earnings into business income or other tax shelters, you are lucky if they have an effective tax rate of 10-20%. That is why you have a good accountant to do your taxes.

If it's like California , the conservatives leaving will outnumber the loons.