Businesses, Residents Plan to Leave New York

[rangerrebew]

 Businesses, Residents Plan to Leave New York
Posted By Mary Lou Lang On March 24, 2019 @ 5:00 am In Issues | No Comments
New York skyline   

Several companies are relocating from the Empire State, numerous businesses have announced they are closing shop altogether citing economic reasons, and a new poll shows a third of New York residents plan to move because they can't afford to stay.

A review of the New York Department of Labor WARN notices shows several companies are relocating to other states. Private sector employers that have more than 50 employees must file a notice before closing a plant and must also notify the state when they are laying off 33 percent of their workforce.

AllianceBernstein, an investment management and research company, announced in its latest filing more worker layoffs are planned in May as it is moving its corporate headquarters to Nashville, Tenn. The company has been transitioning to Tennessee and laying off its workers incrementally.
 
URL to article: https://freebeacon.com/issues/businesses-residents-plan-to-leave-new-york/

[IsailedawayfromFR]

Pretty soon all that NYC will have left is the restaurants, hotels, theaters and clubs catering to the well-heeled and the tourists.

Wonder if that is enough to payoff the police and FD, much less sanitation workers and train and bus drivers?

[thackney]

Make sure you actually leave and not just pretend to leave.

Tax collectors chase rich New Yorkers moving to low-tax states. Auditors inspect cell records, even your dog’s vet bills
https://www.cnbc.com/2019/03/08/tax-collectors-chase-rich-new-yorkers-moving-to-low-tax-states.html

[IsailedawayfromFR]

Make sure you actually leave and not just pretend to leave.

Tax collectors chase rich New Yorkers moving to low-tax states. Auditors inspect cell records, even your dog’s vet bills
https://www.cnbc.com/2019/03/08/tax-collectors-chase-rich-new-yorkers-moving-to-low-tax-states.html

at some point, there must be privacy laws coming into play here, as well as HIPAA.

the last sentence in article sums up the auditor's goal:

We have seen some auditors who say, ‘Look, this is an ambiguous case, but if you come up with X dollars, then we can see the change of domicile.’”

Seems that is extortion.