IRS: New York Lost Most Tax Paying Residents In 2013

The Daily Caller reports:

More taxpaying residents left New York than any other state in the nation IRS migration data from 2013 shows. During that year, around 115,000 New Yorkers left the state and packed up $5.65 billion in adjusted gross income (AGI) as well.

Americans for Tax Reform (ATR) notes, “This new data shows that New York will remain America’s ‘Biggest Loser,’ having lost nearly 1.6 million taxpayers between 1985 and 2013. Those residents took with them more than $80.8 billion in annual AGI.”

“The phenomenal failure of New York to retain taxpayers and businesses is directly related to its uncompetitive tax and business climates. By some measures, New Yorkers face the greatest tax burden of any state in the nation.”

Although Democrat Governor Andrew Cuomo acknowledged that New York is the “highest tax state in the nation” and it has “cost us dearly,” he continues to put forth policies that economically cripple New York residents and businesses.

Taxes do have consequences.