New York is determined to become a failed state.
Imagine you bought a home decades ago, stuck with New York through all it's graft, corruption while saving for retirement.
This lowers the tax-exempt threshold to $750,000, targeting real estate, cash, and investments while increasing the top tax rate to 50%.
It includes a new surcharge on realized capital gains exceeding $500,000 annually.
You hear that sucking sound.
That's people with functioning brains packing up and heading south.
Florida real estate about to get an influx if this passes. ~ George Bodine on X
