Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

  • Enter your email address to subscribe to this blog and receive notifications of new posts by email.

    Join 660 other followers

  • Blog Stats

    • 280,443 hits
  • Posts By Day

    February 2019
    M T W T F S S
    « Jan   Mar »
     123
    45678910
    11121314151617
    18192021222324
    25262728  
  • Subscribe

  • Special Pages

Everyone has their breaking point…

Posted by taxguru on February 5, 2019

I never tire of these stories about people who have finally been hit with their final straw and decided to put an end to their fiscal rape by insatiable tax hungry State Rulers and physically relocate to less expensive locales.

High-Tax State Exodus

More people leaving New Jersey than arriving, moving company says

Texas, Florida see big population gains, while New York, Illinois see big losses, Census Bureau data show

Out-of-State Buyers Flock to Miami

With so much of their tax base fleeing their clutches, the State Rulers will continue to follow the path of squeezing even more out of those who remain within their jurisdiction.  The short-sighted Rulers have never been able to grasp the moral of Aesop’s “Goose That Laid the Golden Eggs” fable.

Just wait until people in those high tax states see their 2018 1040s during the upcoming Tax Season, with the amount of non-deductible state and local personal taxes because of the new ridiculously unfair $10,000 limit. That should trigger even more Tax Refugees.   

[Update 2/5/19] – New York’s Governor is feeling the pinch from the tax revenue lost due to taxpayers bailing from his State.

Cuomo Announces $2.3 Billion Revenue Shortfall: ‘God Forbid If the Rich Leave’

Sorry, the comment form is closed at this time.

 
%d bloggers like this: