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27 Million Reasons to Leave New York Wall Street Journal, by Editorial
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Original Article
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Posted By:Pluperfect, 11/7/2009 4:12:51 AM
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| For every Sunbelt refugee who has tried to leave high tax bills behind in the cold Northeast, Julian Robertson scored a victory this week. By proving that he was outside New York City for half the days in the year 2000, the former hedge-fund titan avoided $27 million in city taxes, thanks to a ruling by New York's tax court. No thanks are due the New York State Department of Taxation and Finance, which had ruled |
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Reply 1 - Posted by:
nightvision, 11/7/2009 4:39:51 AM (No. 6007497)
Guess they never heard the fable about killing the goose that laid the golden eggs.
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Reply 2 - Posted by:
Trigger2, 11/7/2009 6:20:06 AM (No. 6007576) NY is so greedy to tax anything. What are they going to do when most of the high-end earners go elsewhere? Tax the middle class 75%? Wouldn't surprise me.
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Reply 3 - Posted by:
thelmalou, 11/7/2009 6:26:29 AM (No. 6007583)
HOLY COW. Leave or change your name to John Galt.
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Reply 4 - Posted by:
pliades, 11/7/2009 7:01:12 AM (No. 6007650) TAX amnesty, NOW!
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Reply 5 - Posted by:
NancyD, 11/7/2009 7:23:01 AM (No. 6007681) Rush would speak about this from time to time. It's insane. However, Gov Peterson said the reason why they imposed such high taxes was to get Rush to leave their state! NOW thousands of millionaires are also leaving and they are taking their $$$ with them, with NY holding an empty bag. Serves NY right.
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Reply 6 - Posted by:
NuGoddess, 11/7/2009 7:39:09 AM (No. 6007717) Seems like many New York residents are as blind as their governor.
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Reply 7 - Posted by:
tyshab, 11/7/2009 8:23:19 AM (No. 6007803) No, we in NY are not blind, just out voted at every election by the dependency class in NYC who will line up for any government handout. This once thriving state is bleeding people and has been for more than a generation. It is fast following CA. We returned and stay because our elder family members will not or cannot leave and need assistance. When that time passes we are out of here. Once lived out west in the Rocky Mountain areas and loved it.
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