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Businesses are going everywhere but New York
New York Post ^ | 05/26/2014 | By John Aidan Byrne

Posted on 05/26/2014 6:13:17 AM PDT by SeekAndFind

New York is losing the battle to lure outsourced jobs now slowly trickling back to the US — and more competitive regions are poaching Gotham’s jobs.

The tax breaks and incentives to stem New York’s slide? Too little, too late, critics say.

“If you’re a businessman thinking of bringing jobs back to one of the 50 states, then New York is at the bottom of that list,” said Neal Asbury, a manufacturer who grew up in Morristown, NJ, and has studied New York’s high cost base.

“You have a governor telling the world he doesn’t want conservatives in his state because you have to think like him — and you have a New York City mayor obsessed with raising taxes to pay for more entitlements. That is not sending a great message,”

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: New York
KEYWORDS: business; newyork; ny
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To: rktman
I'm in the process of relocating to the NYC area and it looks like I'm going to spend $500k at a minimum to get a house there. The only saving grace is that I'm moving from the Boston area which is just as insane with regard to cost of living. I guess that's why I got the job. Candidates from most other parts of the country would just not be able to swing the housing cost - unless they want to live in Bronx or Queens.

I've been looking in areas around Greenwich, CT; Tarrytown, NY and Ramsey, NJ and see endless neighborhoods of million dollar homes. I wonder how it can be that so many people can afford to live there but apparently it is being done. NYC might be on the decline but it's still the largest metro area in the country by far.

41 posted on 05/26/2014 8:48:35 AM PDT by SamAdams76
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To: babble-on

People vote with their feet... New York’s becoming a liberal hellhole. Not as bad as Detroit, but on the way...


42 posted on 05/26/2014 8:51:08 AM PDT by GOPJ (Someone explain why {the MSM} uses the term liberal to describe totalitarian sociopaths? BruceinOz)
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To: eyedigress

Yep, it’s all in the database now. I’m not saying that’s a good thing but its just the way it is.


43 posted on 05/26/2014 8:52:38 AM PDT by citizen (There is always free government cheese in the mouse trap.....https://twitter.com/kracker0)
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To: SeekAndFind

This article is sooo wrong. California is at the bottom of my list. THEN New York.


44 posted on 05/26/2014 8:56:10 AM PDT by DaxtonBrown (http://www.futurnamics.com/reid.php)
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To: RetSignman
...the far left liberals in NY will use ‘fees’ to reclaim the money they lose in ‘taxes’.

Or do the same thing California did: decide they were losing too much money with their business-friendly tax laws and pass a new law guaranteed to bring in more revenue by deciding that the current laws were too lenient and pass a newer and more restrictive taxing scheme and make it retroactive.

So all those businesses that had saved so much in less taxes over the years now found themselves liable for several years worth of 'back taxes'.

45 posted on 05/26/2014 8:58:33 AM PDT by Utilizer (Bacon A'kbar! - In world today are only peaceful people, and the mooslimbs trying to kill them-)
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To: molson209; SeekAndFind

Maybe New York should institute caning and the death penalty for drug trafficking.


46 posted on 05/26/2014 9:00:50 AM PDT by P.O.E. (Pray for America)
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To: SamAdams76

I get it. It’s just a shame you have to stay in a part of the country that was once the cradle of liberty, now a bastion of liberalism. I know there’s lots of folks in the northeast that, if circumstances permitted, would be long gone. Good luck with the move, house hunting and your job.


47 posted on 05/26/2014 9:03:45 AM PDT by rktman (Ethnicity: Nascarian. Race: Daytonafivehundrian)
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To: citizen

No, not any more. That’s the way it USED to be — before they had the police linked to a central insurance database. That’s kind of what the poster was complaining about, as evidence of a “fascist state.”


48 posted on 05/26/2014 9:07:33 AM PDT by Alberta's Child ("What in the wide, wide world of sports is goin' on here?")
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To: rktman
Well I look at it this way, maybe my conservative vote will mean something in the Northeast someday. Remember that a solid 40% of the Northeast votes against the Democrats. The pendulum doesn't have to swing as far as you think. We just need to change the minds of 10% of the people here to achieve parity.
49 posted on 05/26/2014 9:10:15 AM PDT by SamAdams76
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To: SeekAndFind

Not sad. America has ALWAYS been about making your own choices. They chose differently from you.

But what’s sad, is that I can understand why they gave up being US Cits. . .


50 posted on 05/26/2014 9:18:47 AM PDT by Salgak (http://catalogoftehburningstoopid.blogspot.com 100% all-natural snark !)
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To: SeekAndFind

Just a matter of time until the next Fed bailout of NYC.


51 posted on 05/26/2014 9:20:30 AM PDT by dfwgator
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To: cloudmountain

Some of them will bring their families to California.
The ones who will be more successful in the long run are the ones who will take their work experience back to India and run competing businesses in the same product fields from a part of the world with a more rational regulation structure.

Exact parallel for this?

Who did better in the Sixties and Seventies - auto engineers who came to the US and worked with the industry here, or the ones who went back to Asia and worked for Toyota or Mitsubishi or what is today Kia?

Short term it looked like the ones who stayed here. Long and medium term, it was the ones who went back to Asia.


52 posted on 05/26/2014 9:25:27 AM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: babble-on

I love the taste of schadenfreude in the morning.


53 posted on 05/26/2014 9:28:09 AM PDT by allblues (God is neither a Republican nor a Democrat but Satan is definitely a Democrat)
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To: LOC1

You raise good points there, but some of those moves began some years ago — and are also tied to changes in corporate operations in the aftermath of the Exxon-Mobil merger.


54 posted on 05/26/2014 9:33:57 AM PDT by Alberta's Child ("What in the wide, wide world of sports is goin' on here?")
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To: SamAdams76

Well, based on the recent election results in the UK, there is hope. Seems like UKIP has upset the apple cart a tad.


55 posted on 05/26/2014 9:39:00 AM PDT by rktman (Ethnicity: Nascarian. Race: Daytonafivehundrian)
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To: Alberta's Child

Ah, I see. And even though I said paper insurance cards were ‘backward’, I’m not comforted by all our personal data being in government databases.


56 posted on 05/26/2014 9:55:52 AM PDT by citizen (There is always free government cheese in the mouse trap.....https://twitter.com/kracker0)
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To: SeekAndFind
One of the more challenging aspects of living and working in NYC is dodging the little questions meant to reveal one as a fully human being, i.e., a Liberal, or a subhuman cretin, i.e., a Conservative.

Just yesterday, I met a lovely couple with their toddler son. Almost immediately, I was asked if I listened to NPR. Twenty years ago the question was, "Did you see that article in today's Times?" A few months ago it was, "I'm asking people to sponsor me for the (insert leftist charity here) and I'm hoping you'll sign up."

Liberals will not let you live. It is the Fascist Impulse.

57 posted on 05/26/2014 10:01:18 AM PDT by Oratam
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To: Oratam

“It is the fascist impulse.”
They are the real life body snatchers.


58 posted on 05/26/2014 10:09:02 AM PDT by citizen (There is always free government cheese in the mouse trap.....https://twitter.com/kracker0)
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To: SamAdams76
Paramus, NJ has low property taxes due to all the malls. Ho-Ho-Kus has lower property taxes due to not having a high school to support. Glen Rock is a charming little town with good schools and excellent train service to NY.

There really is no such thing as "affordable" in North Jersey.

59 posted on 05/26/2014 10:11:58 AM PDT by Oratam
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To: Alberta's Child
It's more than just taxes.
I've dealt with a number of businesses in light to heavy industries that fled New York State because they say it has the highest workers' compensation insurance rates in the nation -- by a huge margin.
The saga of the GE plant in Hudson Falls and the massive clean-up costs they've been forced to pay is another case in point about why New York is such a miserable place to do business.

You've made your point, in spades.

60 posted on 05/26/2014 10:15:19 AM PDT by cloudmountain
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