National

TAXED OUT: New York’s ‘Middle Class’ Fleeing the Nation’s Largest City

posted by Hannity Staff - 12.24.18

New York’s endangered middle class continued to flee the Big Apple this week, with new data showing the region’s workers and their families are increasingly forced-out due to high taxes, housing costs, and crumbling infrastructure.

“New York City’s shrinking middle class is now in full retreat, as masses of our most endangered population depart the city in numbers not seen since the Depression, according to analysts,” writes the NY Post.

“After decades of sharp income erosion in the face of relentless taxes, escalating living costs and wage reductions through technological changes, the full extent of this shocking exodus is laid bare in the latest US Census data,” adds the author.

The stunning report comes weeks after Mayor Bill de Blasio and Governor Andrew Cuomo found themselves in hot water with local residents after unveiling major tax breaks for a new Amazon headquarter in the borough of Queens.

Read the full report at the NY Post.

DEBBIE DOWNER: Schultz Says $1000 BONUSES ‘Don’t Go Very Far’

posted by Hannity Staff - 1.25.18

Former DNC chairwoman and Florida Congresswoman Debbie Wasserman Schultz continued the Democrat denial of the GOP tax cut success story this week; dismissing higher earnings and big bonuses while claiming that $1,000 doesn’t “go very far” for hard-working American families.

The embattled Representative was speaking at a “Trump Tax Town Hall” event when she made her totally out-of-touch comments, suggesting that the bonuses won’t do much for average Americans.

“Frankly, if you look at the bonuses -and I haven’t heard of a corporate bonus of more than $1,000 so far- which by the way isn’t taxed, so it’s not $1,000,” said Schultz. “And then you spread $1,000 over the course of a year… So figure out how much that is, of course they get it all at once.”

“I’m not sure that $1,000 which is taxed goes very far for almost anyone,” she added.

Debbie’s off-the-wall comments completely ignore the economic boost that $1,000 can deliver for hard-working men and women across the country; allowing them to invest in home improvements, car maintenance, buy stocks, and take their families on vacations.

Watch Schultz’ comments above.

EXODUS: California Residents FLEE as Crime Rises, Home Prices ‘Soar’

posted by Hannity Staff - 5.07.18

Nearly one million residents fled California between 2006 and 2016, with thousands planning on leaving the Golden State as crime rates reach record highs and home prices continue to soar.

According to Market Watch, locals have had enough of high taxes, rampant homelessness, ‘unconstitutional’ immigration policies, and a lack of affordable housing; prompting a “mass exodus” from the west coast towards other regions of the country.

Industry experts predict an additional 3 million people will leave the state by the year 2025.

“California homeowners spend an average of 21.9% of their income on housing costs, the 49th worst in the nation, while renters spend 32.8%, the 48th worst,” writes the report.

“The median rent statewide in 2016 was $1,375, which is 40.2% higher than the national average. And the median home price was — wait for it — more than double that of the national average,” it adds.

Read the full story here.

+
Thank you for visiting Hannity.com. You are about to leave
Hannity.com and proceed to a site owned and operated by a third party.
Hannity.com has no control over the content of this third-party site.
Click OK to proceed.
OK
X
You may if you would no longer like to receive a newsletter.
You have been successfully unsubscribed!
Please see our Terms of Use and Privacy Notice .
If you have any questions or concerns please contact us.