Back in February, New York Governor Andrew Cuomo announced a $2.3 billion shortfall in the state budget. “Tax the rich. Tax the rich. Tax the rich. The rich leave. And now what do you do?” Cuomo said at the time, though he never actually took responsibility for the exodus of rich residents to lower-tax states.
Despite the shortfall and the undeniable trend of New York residents fleeing the oppressive tax policies, Cuomo has done nothing to entice them to stay.
In fact, given his attitude about President Trump’s announcement he would officially become a resident of Florida, Cuomo simply said, “Good riddance. It’s not like Mr. Trump paid taxes here anyway. He’s all yours, Florida.”
Of course, Trump obviously was paying taxes in New York, which tells you all you need to know about Cuomo’s attitude about the fiscal problems the state is experiencing. As residents leave for greener pastures, Cuomo seems content to blame them for leaving rather than acknowledge the reasons why they choose not to stay.