Wednesday, October 14, 2015

Florida and Texas win again

From The Conservative Review files by Dan Bongino


The far Left's actions with regard to tax policy rarely match up to their lingo. Whether it's John Kerry's tax savings by docking his boat in Rhode Island rather than Massachusetts to dodge the penalty, or the Clinton's avoidance of a hefty real estate tax bill by using slick accounting, it's clear that the far-left's luminaries do not practice what they preach.

As I reported in August when I wrote about the mass exodus from high-tax states toward more profitable areas, a number of blue state residents are following the same "do as I say, not as I do" approach.

To be fair, many of those fleeing blue states for more business-friendly environments are conservatives fed up with having their hard-earned money pilfered by the blue state tax-vacuum, but the laws of probability state this exodus cannot be comprised of conservatives alone.

With the release of a new batch of IRS tax migration data for the 2013-2014 filing year, the evidence keeps piling up that Americans are voting with their feet, and their feet are voting for lower-tax, business-friendly states.

This data has to be devastating to tax-and-spend liberals who keep insisting that the economic arc of history bends in their direction, but when the IRS data-along with something as simple as market-based U-Haul rates-conclusively indicate otherwise, it's time to reevaluate that approach.

So, who are the winners and who are the losers? Again, low-tax, business-friendly, Florida and Texas are the big winners, while the high-tax, big government states like New York, California, Illinois, and New Jersey are the big losers.

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