Posted on 12/27/2010 9:54:13 AM PST by Nachum
The Lone Star State is scooping up more than just our congressional seats -- some $846 million in personal income shifted from New York to Texas in an eight-year period during the last decade, according to an analysis of IRS tax returns.
Texas, which has no state or local income taxes and an enviably low cost of living, has been steadily poaching New Yorkers since the '90s, according to data from the Tax Foundation, a nonpartisan tax research organization based in Washington.
From 2000 to 2008, more than $846 million in personal income moved from New York to Texas -- with more than $212 million leaving in 2006 and '07.
New York lost an estimated $38.4 billion in personal income to other states in that same time period, while Texas gained roughly $12.2 billion from migration.
Texas was the big winner in the 2010 Census, which was announced last week. It picked up four House seats, more than any other state.
The fading Empire State came up short and lost two seats thanks to its sluggish population growth of 2.1 percent, compared with the national average of 9.7 percent.
"People aren't moving down to those Sunbelt states for the weather," said Kenneth Adams, president and CEO of the Business Council of New York State.
"It's three things: taxes, taxes and taxes."
(Excerpt) Read more at nypost.com ...
There are still a lot of Texas haters out there. Some of it is jealousy over the mineral wealth as they think everyone down here is Jed Clampitt. Or that we all live on Riata with Elizabeth Taylor and say “Yeehaw!” when the cabrito is served at the roundup barbecue. Another reason is our pride in once being an independent nation and being larger than most other states. Other than a different twang, I don’t find much difference in Texans and anyone else in the South.
I can’t blame you. Tucson is a good place especially where you were. You can ride year round too. I do miss the weather for sure. Short load concrete deliveries would go real good out there too.
Sorry, the "H" got there because of fat finger syndrome on my Crackberry.
"PRNJ" = Peoples Republic of New Jersey.
Well, I wasn’t TOO far off.
Ha, true Clara Lou. Just voicing my frustration at how the rats mess up their own state and now they are going to come down and mess up mine. There’s enough liberals in Austin already, we don’t need to import any more!
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