The state of New York is notorious for its high taxes, especially the taxes it imposes on its wealthiest residents. For decades, New York’s politicians have used its wealthiest populations as an ATM for myriad expensive pet projects, something those folks haven’t minded too much because the federal government allowed those tax payers to deduct their property taxes from their income tax. It’s hard to believe, but for years the American people, the vast majority of whom don’t make nearly the money these wealthy New Yorkers do, paid those New Yorkers’ property tax bills so they could continue to live … Continue reading As wealthy residents abandon New York’s high taxes, state auditors target them in their new states