New York City had a renaissance in the 1990’s when Rudy Giulliani was mayor. Racial tensions died out, crime went down and thanks to Rudy’s pro-business attitude, companies flocked to the city. The 2000’s is a different story, under the dhimmi mayor Mike Bloomberg New York City has deteriorated. The cost of living has skyrocketed, jobs are scare due to Bloomberg’s tax increases, public sector unions are leeching off the taxpayers the Jet Setters have taken over Manhattan and the outer boroughs are rapidly becoming Islamic. This is signs of a dying city that once lead the nation in wealth creation and innovation. Young professionals no longer view it as place to make their careers, instead places like Texas have become the place for wealth creation.
New York, I love you — but I can’t make the math work.
Like lots of media professionals (and fashion mavens, artists, musicians, et al.), I’ve penciled out the numbers for what it would mean to take a job in New York City. There’s barely enough room on the back of the envelope for subtracting the double-dose income tax hit from the city and state, and that’s before even adjusting for cost of living.
That’s one of the reasons I’m in Dallas. You know, Texas, the state that parlayed this year’s census data into four new House seats — pinching the two lost by the Empire State — because people actually want to live here.
Lots of Texas professionals love New York this way: fly in for $200 round trip, suck down the city’s beefy marrow of culture for a weekend and jet back to live cheap and pay no income tax. It’s all the pleasure and we keep our treasure.
Folks are voting with their pocketbooks; between 2000 and 2008, $846 million of New York’s personal income saddled up and jingle-jangled down to the Lone Star State.
Read the rest: Deep in the heart of taxes Why I won’t move to New York
As an ex New Yorker it really saddens me. I miss the city I grew up in but the because of the expensive cost, taxes, lack of economic opportunity and Islamic presence, I would never return. Until New York City gets real leadership, it’s on a downward spiral. It would not shock me if in 10-15 years, it resembles Dearborn with calls to prayer heard regularly and people living off public assistance.The great dynamic New York is a thing of the past and only the elite will enjoy living there.
Bin Laden destroyed more than the Twin Towers on 9/11, he destroyed the soul of a city with the assistance of Mike Bloomberg.
Tags: Mike Bloomberg, New York City, Texas
