…not to live in New York. Aside from there being no place for folks who disagree with the Progressive-Democrats in charge, there’s this travesty.
A New Jersey resident—resident in every sense of the term—owns a vacation home in New York where he spends a few days each year…vacationing.
A state administrative law judge ruled last month that [the resident] owed $527,000 in back New York state income tax because of his upstate home. With interest and penalties, that is more than twice the $290,000 he paid for the house in 2011.
Why? Because he spent those few days in that home which he owned, and under New York tax law that makes all of his income, regardless of where it actually was earned, subject to New York income tax.
I used to be a resident of Illinois, even as I was stationed—living—variously in Alaska and Florida. I maintained Illinois residency because I was a supporter of then-Senator Chuck Percy. My income was earned outside Illinois, and the State taxed none of it. Had I had income earned in Illinois, the State would have taxed only that part of my total income, not the totality of it.
But New York doesn’t have that sense of integrity. Pay up, sucka. Or get outta here.