Like I said earlier, I’m not a regular listener, but I saw this bit quoted on Drudge with the amusing headline: RUSH TO NEW YORK: DROP DEAD! So naturally I had to read it.
When I am there working I pay whatever, you know, my rate is based on income for that day in New York. And I try to go as little as possible. If it weren’t for hurricanes down here, I would never go up there. New York is the escape valve in case hurricanes are showing up in our area, because of the loss of electricity. So I’ll tell you what I’m going to do. I’m going to look for an alternative studio somewhere outside New York, perhaps Texas — another no-income-tax state — and I’m going to get the hell over there, when a hurricane starts coming our way, ’cause I told Mayor Bloomberg: I’ll be the first to lead the way. You know, this is just… I’ll sell my apartment. I’ll sell my condominium. I’m going to get out of there totally, ’cause this is just absurd, and it’s ridiculous — and it isn’t going to work. It’s punishing the achievers for the mistakes and the lack of discipline on the part of a bunch of corrupt politicians that have run that city and state into the ground for I don’t know how many years — and I, for one, am not going to take the blame for it.
Frankly, I’m amazed he still has a footprint in NYC at all. If I was the Governor of a Northeast state, you’d better believe I’d look at rejiggering the tax code and zoning laws to attract the productive fleeing NYC.
But what else did the statists expect? Taxation is always a net drain on the economy. It always happens, and people always respond to incentives, and yet collectivists are always surprised! At some point, they need to stop considering themselves smart.
Any program that relies on people not responding to incentives is doomed to immediate and embarrassing failure.