I think it sounds crazy the gov wants to tax people when earned but also tax their savings 1% yearly. There's debates that it's unconstitutional so that's why i

I think it sounds crazy the gov wants to tax people when earned but also tax their savings 1% yearly. There's debates that it's unconstitutional so that's why it hasn't happened due to the uncertainty. I think if a single state like New York did it instead of nationwide, then they'll drive just people away to states like Texas, Florida and Tennessee. Some finical companies have already left New York or downsides. Some guy who owned a hedge fund relocated to Miami and then Goldman Sachs relocated some positions to Salt Lake City. Many other examples too. Sounds like they'd want to try to attract new businesses, startups, investors but instead they are driving away their best and brightest.