168 New York has collected 19.5% less in levies while California has seen its state tax revenue fall by a whopping 24.9% (nypost.com) posted 3 years ago by lovecymru 3 years ago by lovecymru +168 / -0 NY state tax revenue reportedly falls nearly 20% as Florida, Texas see boom New York State is reeling from a COVID-era exodus to low-tax locales as revenue during this fiscal year is down nearly 20%, according to a report. 11 comments share 11 comments share save hide report block hide replies
They’ll respond by doubling down.
They saw a boom in what? They don't even have state tax. I'd assume population
Levies
There are plenty of taxes here in The Lone Star State, just no income tax.
Right I live in texas, it's just an odd title talking about state tax.
Like enough taxes to seem like it's an income tax?
'Tax revenues are down 20%, what should we do?'
'Let's go after wood fired pizzerias.'
They aren’t leaving because of low tax.
Fucking woke = fucking broke
And people are finding out that they don't want that shit anymore.
The Laffer curve isn’t just about current calculus, it’s also about future incentives for the tax base.