Anonymous ID: 23fd32 April 25, 2018, 8:18 p.m. No.1190844   🗄️.is đź”—kun

Blue strongholds getting drained…

 

The Great Exodus From America's 'Blue' Cities Accelerates

 

https:// www.zerohedge.com/news/2018-04-25/great-exodus-americas-blue-cities-accelerates

 

The recently passed tax bill, which repeals the state and local tax (SALT) deduction, will only speed up the exodus. Thanks to the bill’s passage, many New York taxpayers will save little or nothing despite a cut in the federal rate. The state’s highest earners — who have been footing an outsized share of the bill — will pay tens of thousands of dollars more in income taxes in 2018. In New York alone, loss of the SALT deduction will remove $72 billion a year in tax deductions and affect 3.4 million residents.