Should NY cut taxes to keep people?

[Suburbia]

People are fleeing NY. Should Cuomo offer a major tax cut or something?

[Intell]

people are not leaving New York because of taxes, no-one is leaving some rural county in New York because of taxes. People are leaving because of high cost of living which stems from minimal social housing and the policies of zoning and single density housing (protected by republicans in New York).

New York City under Bloomberg had a massive influx of capital and wealth, under the pretences of economic growth but what really resulted was New York City being an unaffordable sh!t hole for a lot of people and was only for the benefit of middle-upper class class home-owners and professionals, who also get SALT deductions. (love me middle class welfare).

[Tender Branson]

People are leaving NY because people are retiring at larger numbers than before and NY (except NYC) is a sh**y, cold place during winters where old people break their necks when they go outside.

TX, FL and other southern states are better for these people.

[We Live in Black and White]

Lower rent and better weather would be more effective.

[Oryxslayer]

NY is falling behind because of upstate, not NYC. Upstate is culturally part of the Great Lakes/Appalachia/Rust Belt region. The pop losses in this economic and cultural region are occurring no matter the policies of the state governments in question. To my knowledge, humanity has not ever found a way to halt the decline of areas long past their prime that does not involve reinventing said region from the ground up.  It's a a tale as old as human history: the youth move where they are more secure, the middle-aged  have less stability and therefore less kids, and the elderly die off without replacements.

[Sprouts Farmers Market ✘]

New York City is not growing in population (Staten Island is the only growing borough). Projected for a third consecutive year of population loss with an enormous domestic exodus as usual. New York is not a place where the majority of people can plant long-term roots, and it's not meant to be.

That's not necessarily a bad thing. And no matter how low taxes are cut, they can't really compete with the zero percent offered for Pennsylvania retirees or Florida in general. An X% drop certainly won't entice enough people to offset the lost revenue from the existing residents.

[Suburbia]

New York City is not growing in population (Staten Island is the only growing borough). Projected for a third consecutive year of population loss with an enormous domestic exodus as usual. New York is not a place where the majority of people can plant long-term roots, and it's not meant to be.

That's not necessarily a bad thing. And no matter how low taxes are cut, they can't really compete with the zero percent offered for Pennsylvania retirees or Florida in general. An X% drop certainly won't entice enough people to offset the lost revenue from the existing residents.

Why not?

What about the generations of families that settled on Long Island, etc?

[brucejoel99]

Lower the cost of living.

[they don't love you like i love you]

Why is this in this forum?

[Oryxslayer]

Why is this in this forum?

Moved here from the redistricting and demo's forum, guess it's because the  topic concerns state policy.

[Libertas Vel Mors]

Yes lol, and the fact that NYC can barely keep its head above water despite tons of starstruck tourists, immigrants, and children and amid a massive wave of urbanization is....not evidence of New York taxes working. NYC should be growing rapidly, not shrinking compared to the nation, but even its star power can't override self interest.

[Libertas Vel Mors]

I was born in Manhattan, to a New Yorker, who was born to a New Yorker, who was born to a New Yorker. You know why my family left? Taxes, cost of living, opportunity, and sh**t schools. Cutting taxes would help the first 3, and basic fiscal management would help with the fourth.

[Frenchrepublican]

Yes lol, and the fact that NYC can barely keep its head above water despite tons of starstruck tourists, immigrants, and children and amid a massive wave of urbanization is....not evidence of New York taxes working. NYC should be growing rapidly, not shrinking compared to the nation, but even its star power can't override self interest.

This

[Continential]

I was born in Manhattan, to a New Yorker, who was born to a New Yorker, who was born to a New Yorker. You know why my family left? Taxes, cost of living, opportunity, and sh**t schools. Cutting taxes would help the first 3, and basic fiscal management would help with the fourth.

1. Better funded schools are better schools, my parents lived in Oklahoma before I was born and they knew that the schools were sh*tty and the Fallin Administration was even more sh**ty because she cut taxes.

[KaiserDave]

I was born in Manhattan, to a New Yorker, who was born to a New Yorker, who was born to a New Yorker. You know why my family left? Taxes, cost of living, opportunity, and sh**t schools. Cutting taxes would help the first 3, and basic fiscal management would help with the fourth.

Did you miss the part where NYC actually gained population. It's upstate who is losing population.

[Amtrak Joe]

I think New York, New Jersey, Connecticut would heavily benefit from a huge cut in taxes, but I think they've spent themselves into a hole (schools, public transit, etc.). Part of the reason why my parents who lived in New Jersey for half a century left for South Carolina eight-ish years ago.

[MarkD]

Absolutely yes. If NY does not do something to elevate the population and start keeping up with the national rate of growth, it will continue losing seats in the House of Representatives and with them also goes electoral college votes. NY has already lost 18 seats since it was at its peak!

[Antonio the Sixth]

no, they should cut people to keep taxes

[True Federalist (진정한 연방 주의자)]

They should raise taxes to drive people away.

[DC Al Fine]

Many would settle for a working subway and affordable housing.

Upstate's problems are not so straightforward as many here would have you believe. In any case, it won't be long until its mild summers, vast supplies of freshwater, inland waterways, and pre-war infrastructure become an advantage. Not to mention its unusually funded pensions, even if the state's reliance on skimming off of the financial sector remains a concern. Get out of the Sun Belt while you can, folks.

What would you say upstate NY's problems are?

[FEMA Camp Administrator]

no, they should cut people to keep taxes

“Only after we drive away all capital shall we have our people’s republic!” he cried from atop a pile of skulls.

[Sol]

What would you say upstate NY's problems are?

The decline of major employers anchoring its cities and the collapse of small-town workforces. This part is old news for Upstate at this point - we're multiple generations from the good times for manufacturing employment, with some exceptions (e.g. Xerox in Rochester held out long past deindustrialization.) There's also a tax burden that makes both kinds of place less competitive. And of course the harsh winters.

It's true that state money bolsters a healthy middle class of public servants and non-profit administrators, and supports many businesses in a big way, but the consequence is to make the less-connected uncompetitive.

Rural gentrification is also an increasing problem in a scattering of college towns and resort areas. As with every other part of the United States, there is a bloated, exclusionary part of the upper middle class that wishes to exclude everyone else as they remake the world in their own image. (This is more of an emerging concern at this point and one can only hope that it diminishes as their various Ponzi schemes unravel.)

Despite all of this, the quality of life in Upstate NY is much higher relative to most of the United States than many acknowledge: The lack of substantial recent growth means that in cities and small towns alike, streets are pleasant and mixed use business districts are within walking distance of residential areas.

Almost every city and town has affordable housing. Even in the largest metros, commutes are short. And public services are much better than most Americans can expect: Primary shools are decent, every area has an affordable community college, parents are eligible for paid family leave, and few places plow their roads so effectively as the municipalities in the Buffalo area.

There is a great deal of poverty, but state intervention keeps it more contained and less harsh than it would be otherwise.

Which of the big upstate cities would you say has the best chance of capitalizing on these factors/turning the corner?

[McNukes™ #NYCMMWasAHero]

When you raise taxes and revenues drop, you've gone over the top on taxes. Lower them for more revenues.

[AGA]

Yes, especially after the changes to SALT deduction. Probably not happening though.

[Storebought]

Yes, and so should IL.

The GOP governors of MA did a real service for their state by limiting the scope of the legislature to hike taxes. As a result, MA has a tax burden that, given its high per capita income, is not that much worse than national average. It's not "Taxachusetts" anymore, and it's not bleeding residents like NY and IL are.