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W_HAMILTON

(9,976 posts)
23. New York just posted BY FAR its highest revenue from personal income taxes:
Mon May 29, 2023, 06:52 PM
May 2023

2022: $70.7 billion
2021: $54.9 billion
2020: $53.6 billion
2019: $48.0 billion
2018: $51.5 billion
2017: $47.6 billion
2016: $47.0 billion
2015: $43.7 billion

Taken from: https://www.tax.ny.gov/research/stats/statistics/stat_fy_collections.htm

(I got tired of going back and checking each year at this point)

So, New York lost $25 billion in personal income -- not taxes, which would be a far smaller amount -- and gained approximately $15 billion in tax revenue. I would say that's a win for them.

I wouldn't be surprised if California is in a similar situation, although I can't find a website that lists their revenues as easily as I did for New York.

Recommendations

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We're better off without them. Scrivener7 May 2023 #1
This message was self-deleted by its author kelly1mm May 2023 #5
Fuck em TheRealNorth May 2023 #12
New York just posted BY FAR its highest revenue from personal income taxes: W_HAMILTON May 2023 #23
This message was self-deleted by its author kelly1mm May 2023 #28
And you think loss of $25 billion of personal income caused that? W_HAMILTON May 2023 #30
Post removed Post removed May 2023 #32
I think what's funny is you trying to explain a loss of $25 billion in personal income... W_HAMILTON May 2023 #33
I wonder if Gov. Newsom thinks that? former9thward May 2023 #11
This message was self-deleted by its author kelly1mm May 2023 #16
Prop 13 way back in the late 1970s effectively froze property tax revenue. DBoon May 2023 #18
I live in New York. Scrivener7 May 2023 #19
The OP was about both CA and NY. former9thward May 2023 #21
Yes, I know it was. I read it. Scrivener7 May 2023 #22
For the most part, Mr.Bill May 2023 #27
Rich people, riding the rest of us as usual Easterncedar May 2023 #2
Please, Cedar. Move to Florida if you want, or don't. Hortensis May 2023 #6
WTF? Scrivener7 May 2023 #7
Taxes are the price we pay for civilization Easterncedar May 2023 #10
:) "Escaped?" Others arrived and bought the properties they Hortensis May 2023 #3
oh yeah, rotton reachy. riversedge May 2023 #4
Well, when the U.S.'s penis (FL) sinks due to climate change, Greybnk48 May 2023 #8
Property and rent is still high and people are paying for it JI7 May 2023 #9
High rents and housing price is driving more migration.... TheRealNorth May 2023 #15
Insurance in Florida costs more than taxes in most blue states Marius25 May 2023 #13
Insurance in CA is nearly as bad as moonscape May 2023 #24
Lol no, it isn't obamanut2012 May 2023 #25
Good to hear the comparison. I live on the moonscape May 2023 #31
Baby Boomers are still retiring in big numbers FakeNoose May 2023 #14
You have to understand, it is income not outlay. Florida's revenues cachukis May 2023 #17
Boom obamanut2012 May 2023 #26
Boom obamanut2012 May 2023 #29
Yea, indeed, see what a great job DeSantis has done? Chainfire May 2023 #20
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