'Leftugees': Red States Must Defend Themselves From The Blue-State Exodus

December 31, 2019
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'Leftugees': Red States Must Defend Themselves From The Blue-State Exodus
San Francisco Youth Climate Strike - March 15, 2019 
Image by Intothewoods7

Movement within the country has had an underlying theme to it lately: High-tax and expensive cost-of-living states are seeing an exodus. It is partly catalyzed by the Tax Cuts and Jobs Act, which aimed its sights at tax-heavy blue states by imposing a crushing cap on state and local tax deductions and mortgage interest above $750,000 (a threshold high enough to really only hurt high earners with massive homes). 

These are two deductions that Democrat-controlled states often relied on to defray the harm of their bloated tax burdens on their middle- and upper-class inhabitants. Even Alexandria Ocasio-Cortez’s grandmother has relocated from New York to Florida on account of taxes...

To read more visit Washington Examiner.



CDM Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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