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Being alone

Being alone

America
America

America

Apple
Apple

Apple

bailey jay
bailey jay

bailey jay

Baked
Baked

Baked

Chicago
Chicago

Chicago

community
community

community

Crime
Crime

Crime

Energy
Energy

Energy

Facts
Facts

Facts

Gym
Gym

Gym

memes
memes

memes

Money
Money

Money

New York
New York

New York

The Worst
The Worst

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Tyler Durden
Tyler Durden

Tyler Durden

Taxes
Taxes

Taxes

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Blue

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California
California

California

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Capital

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Coffee

Coffee

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Colorado

Colorado

Dallas
Dallas

Dallas

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Equinox

Equinox

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Exodus

Exodus

Florida
Florida

Florida

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Golden State
Golden State

Golden State

Home
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Houston
Houston

Houston

Illinois
Illinois

Illinois

Los Angeles
Los Angeles

Los Angeles

Manhattan
Manhattan

Manhattan

Massachusetts
Massachusetts

Massachusetts

Michigan
Michigan

Michigan

New Jersey
New Jersey

New Jersey

North Carolina
North Carolina

North Carolina

Power
Power

Power

San Francisco
San Francisco

San Francisco

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Search

Search

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Tennessee

Tennessee

Texas
Texas

Texas

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Urban

Urban

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Urban Decay

Urban Decay

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Engineering

Engineering

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Pennsylvania

Pennsylvania

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New York City

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The State

The State

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Am I the Only One

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upper middle class

upper middle class

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rent

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corporations

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middle class

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projects

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picture

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articles

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services

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infrastructure

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revenue

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social engineering

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spinning

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share

share

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months

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supply and demand

supply and demand

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social

social

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wealth

wealth

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public schools

public schools

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states

states

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massive

massive

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in america

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heading

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residents

residents

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vice versa

vice versa

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user

user

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look

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income

income

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more

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popular

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high

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I have seen many articles about this over the last few months I see it happening here in Los Angeles The Great Exodus From America's 'Blue' Cities Accelerates Profile picture for user Tyler Durden by Tyler Durden Wed 04252018 Am I the only one in my spinning class at Equinox in Manhattan who’s fed up paying $200 every month for a gym with clean showers $3000 in rent every month for an apartment without cockroaches and $8 every morning for a cup of coffee? Am I the only one moving through the greater part of New York City boroughs and seeing an inexorable march of urban decay matched with the discomfort of crowding and inexplicable costs? I know I am not New York is the most expensive city in America Its lower-cost neighborhoods are riddled with crime and homelessness Its public schools some of which are among the worst in the nation look more like prisons than places of learning With between up to 50 percent of their paycheck going to a combination of federal local and city taxes not including other consumer taxes baked into every aspect of their consumer practices residents don’t even have the comfort of knowing that their tax expenditures are going to the improvement of their lives in the city New York infamously misuses the hard-earned tax revenues of its citizens in ways that scarcely benefit them Eventually city and state taxes fees and regulations become so burdensome that people and corporations jump ship More people are currently fleeing New York than any other metropolitan area in the nation More than 1 million people have moved out of New York City since 2010 in search of greener pastures which amounts to a negative net migration rate of 44 percent The recently passed tax bill which repeals the state and local tax SALT deduction will only speed up the exodus Thanks to the bill’s passage many New York taxpayers will save little or nothing despite a cut in the federal rate The state’s highest earners — who have been footing an outsized share of the bill — will pay tens of thousands of dollars more in income taxes in 2018 In New York alone loss of the SALT deduction will remove $72 billion a year in tax deductions and affect 34 million residents And make no mistake What’s happening in the Big Apple is a microcosm of what’s happening in the nation’s blue states cities and towns New York Los Angeles Chicago — the places where power and capital have traditionally congregated — have become so over-regulated so overpriced and mismanaged and so morally bankrupt and soft on crime that people are leaving in droves Of course these high-tax cities are the same places hit hardest by the removal of the SALT deduction The cost of popular moving truck services like U-Haul is largely created through the ironclad rules of supply and demand Turns out there is much higher demand for trucks leaving high-tax blue states heading to low-tax red states than vice versa A route from California to Texas for example is more than twice as expensive as a route from Texas to California Want to go from Los Angeles to Dallas? $2558 Returning back? $1232 Texas is the No 1 state people move trucks to with states like Florida South Carolina Tennessee North Carolina and Colorado rounding out the top 10 The states people are fleeing? New York New Jersey Massachusetts Michigan Pennsylvania Illinois — and at the top California These facts are not coincidences In fact in 2016 the Golden State lost almost 143000 net residents to other states — that figure is an 11 percent increase from 2015 Between 2005 and 2015 Los Angeles and San Francisco alone lost 250000 residents The largest socioeconomic segment moving from California is the upper-middle class The state is home to some of the most burdensome taxes and regulations in the nation Meanwhile its social engineering — from green energy to wealth redistribution — have made many working families poorer As California begins its long decline the influx outward is picking up in earnest The only way to slow the great exodus out of America’s blue meccas is to make these areas more affordable for middle-class families the most significant way to do that is to lower state and city income taxes And if residents don’t want to be “double taxed” following the removal of SALT deductions the solution is simple remove state and city income taxes altogether Houston is the nation’s fourth-largest city and is able to operate while funding massive infrastructure projects to support its population without income tax revenue When residents keep more of their hard-earned money they are more incentivized to spend that money in ways that make their community a better place This is a lesson high-tax states and cities need to learn if they want to avoid transforming into ghost towns #Bluestates #Redstates Meme

found @ 19 likes ON 2018-05-01 02:54:59 BY me.me

source: facebook