Issue Position: High Cost of New York Living
Issue Position
Issues: Taxes
New York has lost nearly 1.4 million people to the rest of the country since 2010 (Source: Empire Center for Public Policy), most likely because of excessive taxes, high cost of living and lack of opportunities.
New Yorkers are more burdened by taxes than residents of any other state (Source: 24/7 Wall Street analysis).
New Yorkers face the 2nd-highest cost of living in the US (55.9% higher than the US average).
New York Rank nationally National
Total taxes paid as % of income 13.8% 1 9.8%
Income tax collection per capita $2877 1 $1198
Property tax collection per capita $2902 4 $1617
Source