States by GDP per capita

[anon_5e8aassgcbjz1]

I know you’re being a smart ass and not really looking for a solution. But these are low skill, low education, low motivation areas. Generations of poverty.

Perhaps tax incentives to bring in warehousing or low skill industrial businesses in order to employ these people. Without some incentive, nobody is moving anything to these shithole SC areas and they will continue to be dirt poor and a drag on the stat from your OP.

We pay the same state taxes in Charleston btw. GDP for the Charleston metro is booming. Education where I am is great. So what’s different?

You answered your own question

 

[scotchtiger]

You answered your own question

I don’t think I did. It’s the people, proximity to coast and quality of life.

 

[anon_5e8aassgcbjz1]

I don’t think I did. It’s the people.

It’s infrastructure and education, both of which North Carolina does better than us. Shame they pay a bit more for gas

 

[nytigerfan]

Taking their cash with them. I'd prefer to live in Florida or Texas over NY and CA myself, but it doesn't answer how NY and CA have such large economies despite such heavy tax burdens.

Hold up. Let's put this into perspective.

NY has 20mm people.

We are losing about 320K (or "fleeing" as you say).

Only about 15K of those people that "fled" earn more than $100K per year. That is 5%.

20% of the 320K leaving go to FL, TX or CALIFORNIA.

So... only 1.6% of the population has "fled". Only 0.00075 of the population earning over $100K has "fled." And in that 1.6%, there are mostly people who are not fleeing at all. My good friend and her family of 4 left this year b/c she got a great assignment in Switzerland for five years. They hardly "fled" and she still owns her properties here. i know another family of 6 that moved to GA b/c he got a great new position with Mercedes.

Don't get me wrong, some people are "fleeing". Cost of living is insane here. And yes, I don't blame someone for wanting to move to a welfare state like SC. Why would you want to only get $0.93 of every federal tax dollar you spend back when you can go to SC and get $2+ back?

The people fleeing are not the best and brightest. The only people I know who actually fled post covid were people my wife grew up with in Queens. Their #1 reason for leaving? Racism. They did not like that their traditionally Italian immigrant neighborhood was being overrun with Guyanese immigrants.

 

[anon_5e8aassgcbjz1]

Hold up. Let's put this into perspective.

NY has 20mm people.

We are losing about 320K (or "fleeing" as you say).

Only about 15K of those people that "fled" earn more than $100K per year. That is 5%.

20% of the 320K leaving go to FL, TX or CALIFORNIA.

So... only 1.6% of the population has "fled". Only 0.00075 of the population earning over $100K has "fled." And in that 1.6%, there are mostly people who are not fleeing at all. My good friend and her family of 4 left this year b/c she got a great assignment in Switzerland for five years. They hardly "fled" and she still owns her properties here. i know another family of 6 that moved to GA b/c he got a great new position with Mercedes.

Don't get me wrong, some people are "fleeing". Cost of living is insane here. And yes, I don't blame someone for wanting to move to a welfare state like SC. Why would you want to only get $0.93 of every federal tax dollar you spend back when you can go to SC and get $2+ back?

The people fleeing are not the best and brightest. The only people I know who actually fled post covid were people my wife grew up with in Queens. Their #1 reason for leaving? Racism. They did not like that their traditionally Italian immigrant neighborhood was being overrun with Guyanese immigrants.

I’m not the one who said fleeing

 

[nytigerfan]

I’m not the one who said fleeing

Sorry I may have responded to the wrong post

 

[scotchtiger]

It’s infrastructure and education, both of which North Carolina does better than us. Shame they pay a bit more for gas

I’m on board for a gas tax increase. Maybe a good time since we just dropped the state income tax. I’ll save enough from that reduction to fill my family’s gas tanks for a year, maybe 2.