I am not surprised. The static costs will kill anyone remaining in New York. Just because people left, it doesn't mean the split costs will go down.
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I am not surprised. The static costs will kill anyone remaining in New York. Just because people left, it doesn't mean the split costs will go down.
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Yeah. They will simply pass the additional costs (holes in the budget) on to those who remain.
NYC is the worst. They are going to see a huge shortfall if the Wall Street money leaves. That is big bucks, on both the personal income side and what the corporations have to pay the city.
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Do you think the government sending tons of state funding will cause them to reconsider or will they still tax the living hell out of the people remaining?
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They will still tax the living hell out of those remaining.
The money these states are getting from the Feds will help plug the hole for a year or two. But what then? Do you think they will stop spending?
Not likely.
The issues are there and not going away.
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