Escape from New York: Young Taxpayers Flee Economic Ruin
May 17, 2011 at 8:45 am | Posted in NewsRealBlog | Leave a commentTags: Divided Power, federalism, New York, NewsReal Blog, taxes, Vote with Your Feet
by Walter Hudson, contributed to David Horowitz’s NewsReal Blog on May 16.
Young workers, the lifeblood of any economy, are set to flee New York in droves.
A new Marist College poll shows that 36% of New Yorkers under the age of 30 are planning to leave New York within the next five years – and more than a quarter of all adults are planning to bolt the Empire State.
The New York City suburbs, with their high property values and taxes, are leading the exodus, the poll found.
Of those preparing to leave, 62% cite economic reasons like cost of living, taxes – and a lack of jobs.
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