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NY ranked ‘Least Free State,’ with high taxes, debt, regulation: study
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New York State once again has the dubious distinction of being labeled “the least free state” in America, a report issued by libertarian-leaning think tank The Cato Institute claims.
New York ranked dead last — 50th — for 2022 policies impacting economic, social and personal freedoms.
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Cato said the Empire State is a fiscal basket case.
NY ranked 50th for economic freedom and scored at or near the bottom for debt and state and local taxation, government consumption, land use and labor policy.
Keep in mind that the Cato Institute is a Libertarian Think Tank. So, that likely plays a part in the list. Like any list, the criteria used is important.
Migrants were at first just a chip for democrats to use to get resources from DC all these years it asked the Fed to provide funding as a sanctuary state. But they didn't anticipate the volume of migrants being let in by Biden and the floodgates overfilled all of these sanctuary states. Biden will keep giving money to his friends in Ukraine but he's not gonna give to NYC. Those billions needed to house migrants here will have to come out of the taxpayers of NY. As Mayor Adams is already executing the cuts bottom then up. Can't wait for post X-mas.
Best thing to do imo is to sell your NY homes before higher property taxes and other taxes will be implemented.
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