Leaving New York

http://www.futureofcapitalism.com/2010/05/leaving-new-york

The IRS has posted statistics on taxpayers coming and going from various states in 2008 versus 2007. New York lost 201,570 taxpayers with aggregate adjusted gross income of about $12.3 billion, mostly to Florida, New Jersey, Pennsylvania, California, North Carolina, and Connecticut. Over the same year, the Empire State gained 173,194 taxpayers with aggregate adjusted gross income of about $8.4 billion. The biggest feeder states to New York were New Jersey, foreign countries, Florida, Pennsylvania, and California. On a net basis, the state lost taxpayers, and the ones that left earned more money than the new ones who arrived.

by Ira Stoll  |  May 21, 2010 at 12:12 pm Related Topics:  New York receive the latest by email: subscribe to the free futureofcapitalism.com mailing list