Please please please don't move out of the state. From Don Surber:
Soaking the rich has blowback in Connecticut
Stephen Singer filed one of the most enterprising stories in the history of the Associated Press: "Connecticut to super-rich residents: Please don't leave us."
The story shows just how beholden the state of Connecticut is to 100 people whose state income taxes keep the state government afloat.
Kevin Sullivan, the state's commissioner of the Department of Revenue Services. told the AP: "There are probably a handful of people, five to seven people, who if they just picked up and went, you would see that in the revenue stream."
They follow these guys closely, Stephen Singer reported:
With one exception, he said, state officials don't actually approach the super-rich. He said: "There isn't friendly visiting or anything like that, how are you feeling? Doing all right? Doing OK?"
Two years ago, tax officials were alarmed that a super-rich hedge fund owner might leave and reduce the state's income tax revenue. They set up a meeting and urged the unidentified taxpayer to stay. The effort was partly successful, with the taxpayer leaving Connecticut but agreeing to keep the hedge fund here.
The story is frightening but also funny.
Heh. Much more at the post.
That it is only 100 households makes this a very fragile state of affairs - the flight has been going on for a some time and they are just now becoming aware of it...