Breitbart: New York state auditors are looking to stick wealthy residents fleeing the state’s high taxes with a hefty bill to make up for a $2.3 billion budget deficit.
New York Democrat Gov. Andrew Cuomo, one of President Trump’s most vocal critics, blamed the Trump administration and a GOP lawmaker- backed tax reform plan reducing state and local income tax deductions for New Yorkers fleeing the state.
“This is the flip side. Tax the rich, tax the rich, tax the rich,” Cuomo announced in February. “We did. Now, God forbid, the rich leave.”
Now, the New York Democrat is looking for payback from these high-roller residents looking to find refuge in low states by sending auditors to collect money from these nonresidents.
State auditors have used highly sophisticated tools to track dodgers, monitoring everything from social media accounts to dental records.
CNBC reported that between 2010 and 2017, the state carried out approximately 3,000 of these audits. These audits brought in around $1 billion in state money, with auditors collecting an average of $144,270 for each audit between 2015 and 2017, according to CNBC.
It is unclear how many of New York’s top taxpayers fled the state, but low-tax states like Texas and Florida gained residents.
“If you’re a high earner in New York and you move to Florida, your chances of a residency audit are 100 percent,” Barry Horowitz, a partner at the WithumSmith+Brown accounting firm, told CNBC. “New York has always been aggressive. But it’s getting worse.” more here
New York will pay and protect illegal immigrants and deadbeats, yet tax those who leave New York because of liberal/socialist policies.
They are running out of other people’s pockets to pay for their socialist actions.
This is a short-term fix. Sure, if the former resident owes taxes then NY has the right to collect. But regardless, they won’t be there next year.
So, mister Governor, chasing out the rich by excessive taxation, bum magnetism, and spending your way out of bankruptcy aren’t working out the way you planned? Who coulda seen that happening? You poor thing. Honestly.
So? I moved out of state, and I’ll never be back. Just come and try to collect. Send your collector. I left no assets or family behind to ransom or seize. Bank accounts all closed and monies transferred. Good luck.
Oh, and a hearty FU to you too.
You can’t leave! You have some money left!
An exit tax. I fully expect one in California before I can get my ass out of here.
Their only objective is money, and money extraction from private sector working people and money redistribution to loyal state workers who vote for politicians who run the scam, in an effort to keep the spin loop going.
Bad_Brad,
Wait till you price one-way truck rentals…
Last time I checked… 26′ box truck…
California to Texas: $2500+
Texas to California: $700…
Kali Refugee in Texas
I will be moving my machine shop too. My favorite rigger said they could move the house as well.
But I’ve read that about the disparity in pricing. Maybe Texas is charging a Californian entry tax. I wouldn’t blame them. Me, I think I’m headed north.
Refuse to pay. When they send someone who identifies themselves as a auditor; shoot them. It will cease.
Thanks to me New York still has the $3 billion that they were going to give to Amazon. You’re welcome.
WOW, an exit tax?!?!
Un-phucking-believable.
They get you coming and going! And especially while you stay.
Maybe taxes should be lower. People might want to stay