Like Rats From a Sinking Ship!

Did you hear?

300,000 people have fled New York City!  

Yep, fellow Pilgrims, 300,000 hard-core, Upper East Side old-money canyon dwellers have given up on their tony digs and bolted for parts unknown.  

Well, not actually "unknown," just dispersed to the winds, so to say.

Many have scurried off to the safe and comfy confines of the "Hamptons."  That's an area at the far eastern end of Long Island.  And that would be East Hampton, where the truly $Rich live, and West Hampton, where the "almost-there," are there.  There is no North and South Hampton.  Yet.  Nobody except $Multi-millionaires live in either of the two locales, so the virus cannot gain a foothold (I've heard the city councils of each village there have outlawed it).  And some have retreated to the wooded safety of their Upstate New York homes.  And others to their Connenneccticutt cabins.  And some have just finally given up and accepted the fact that New York's taxes are "too damned high."  A move for them to Florida, or any other of the low- or no-tax states is finally in their cards.

Funny how much convincing it takes to convince those who shouldn't need any convincing.

And oh yeah, it just might be that these "bolters" also noted that they've been paying a "New York City Income Tax," meaning a charge on top of their New York State income tax of 8.8% and their Federal Income Tax.  That means they've been paying for the privilege of working in NYC.  Whoopie!  And let us not forget to mention the 11% New York State sales tax they've been paying as well.  So let's see here; with Federal income tax, and NY State income tax, and NYC income tax, and NYC's sales tax, a high earner wouldn't have much left to buy that Rolls-Royce, now would they?  Just think: one of those highly-paid news anchors on MSNBC or CNN or Fox could well be paying 63.3% of his/her/its earning in taxes!  Perhaps they finally did an inventory and realized the degree to which they've been routinely screwed over the years.

Have you seen a recent video of what the streets of New York City looks like these days?  No?  It's a ghost town!  Mid-town Manhattan is boarded up.  5th and 6th Avenues between 34th and 60th are "out of business."  The looters and rioters and arsonists made sure of that.  Weeks ago.  They stole everything that wasn't nailed down.  And set fire to what was left.  And yet the businesses have not reopened, as they don't trust Mayor DeBlahsio to keep them safe.

Did you know the Mayor's real name is Warren Wilhelm?  No?  Maybe he changed it to avoid a warrant.  A warrant for Warren?  Get it?  Knew you would...  

Anyway, it seems that the filthy rich in NYC have finally wrapped their Patrician arms around the fact that New York screws its residents with super high taxes and it's finally time to relocate.  To take those diamonds and those mink coats and begin to enjoy the balmy Florida weather.  One of those businesses providing the financial underpinning for NYC that's decided to up and leave is Goldman-Sachs.  It's one of the largest financial management outfits in the entire world and it's decided to call it quits on New York City.  To bail on it.  To leave it in the dust.  You should know that fully 18% of New York State's entire revenue, totaling $15 Billion Dollars annually, comes from financial management firms.  And 6% of New York City's revenue comes from the very same place.  

I recall a recent poll indicating only 3,300 taxpaying families were keeping NYC afloat.  That's all.  They apparently have...or had...enough cash to keep paying NYC's exorbitant income and property and sales taxes and they were milked like a rented cow for all they've been worth.  

Face it:  NYC may soon be uninhabited.  You know that National Geographic series that dealt with what our cities might look like "the day after?"  You know, like after the bomb went off, or that dratted asteroid hit?  Yeah, tumble weeds and bits of computer paper blowing down the Avenue of the Americas.  Lights out, nobody home.  Even the drunks and homeless and Uber drivers all be gone.  Except for the "MainStreaMedia" giant broadcasters who inhabit six blocks in Mid-Town Manhattan.  Without them, NYC would be a ghost town.

With them, NYC is a ghost town...