If you were intentionally trying to drive successful residents, entrepreneurs, professionals, and retirees out of New York, what would you do?
You’d raise taxes.
Again.
That appears to be the thinking behind Resolution No. 295, which will be considered by the Ulster County Legislature on June 16. The resolution seeks Albany’s permission to impose a resident income tax surcharge on higher-income Ulster County residents.
Because apparently New York’s tax burden isn’t high enough already.
Property taxes. State income taxes. Sales taxes. Utility taxes. Fees. Assessments. Surcharges. New Yorkers already carry one of the heaviest tax burdens in America. Yet whenever government needs more money, the answer is almost never spending restraint. It’s almost always another tax.
This time, the target is “high-income” residents.
That phrase is deliberately designed to make taxpayers comfortable. After all, politicians want you to believe someone else will pay the bill.
But who exactly are these people?
They are often local business owners who create jobs. Doctors who provide healthcare. Professionals who support community organizations. Investors who fund economic growth. Retirees who spent decades saving and building financial security.
In other words, the very people most communities should be encouraging to stay.
Instead, government sees them as a revenue source.
The message is simple: Work harder. Earn more. Take risks. Build a business. Create jobs.
And we’ll charge you extra for the privilege.
What makes this proposal particularly frustrating is that there has been little public discussion about controlling spending before demanding more money from taxpayers.
Have all efficiencies been explored?
Have unnecessary expenditures been eliminated?
Have elected officials exhausted every opportunity to reduce costs?
Or is raising taxes simply easier than making difficult budget decisions?
History provides a warning. States and localities that continually increase taxes eventually discover that taxpayers have options. More and more Americans are relocating to states where government understands that economic growth comes from attracting success, not punishing it.
Florida doesn’t have a state income tax.
Texas doesn’t have a state income tax.
Tennessee doesn’t have a state income tax.
New York’s answer appears to be adding another layer.
Resolution 295 is more than a tax proposal. It reflects a governing philosophy that sees prosperity not as something to encourage, but as something to tax.
Public comment will take place at 7:00 p.m. during the June 16 session of the Ulster County Legislature.
If you believe government should learn to live within its means before demanding more of yours, you may want to attend.
Because every time another tax is proposed, more New Yorkers begin asking themselves a simple question:
Why stay?
