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Welcome back well it's spring flowers are blooming and so called red states are bullying.
Places with fewer regulations a lower taxes are projecting.
Huge budget surpluses.
For the year and Republican governors are pushing to get tax cuts.
With the extra cash to staples -- -- times Stenberg.
Not surprised because he says it all makes perfect sense -- When I think there's certainly been a phenomenon that people look at what it cost to operate.
Wherever they are.
And that operating costs includes.
Wage is includes rent and occupancy and certainly includes taxes was a very large expense for most businesses.
And when you're talking country to country or state to state.
I they over time businesses will migrate to lower operating costs and thus places like water are doing quite well and places like California despite a very fair look climate are not doing as well.
You know -- what's really astonishing -- and I want to get your reaction and need your judgment on this.
The numbers that are coming out of -- Census Bureau about the ages of the people.
Who are leaving New York for Florida there are younger and younger and younger every year we're talking eighteen year -- nineteen year -- 24 year old.
What you make of the fact that that eight out of ten workers who left New York are are well under the age of sixty.
Well you know they used to be the myth that just the retirees move.
And the fact the -- -- today he would look at a place like New York -- California.
You add up to New York State income taxes.
The New York city and taxes if they apply how incredibly high sales taxes.
In fact when you add now -- obamacare taxes to that in the so called investment tax of almost 4%.
You literally -- talking tax rates that are barely competitive with Sweden and Germany.
And that's the kind of played it Smart people you move away from it and I assume that in this sort of the governors of these states of the legislature's failure of the in the shower.
The better off they're gonna -- You know -- -- noted taxes are an issue jobs of course are another issue I mean young workers are leaving New York State it for places like Delaware North Carolina.
What is this issue to that politicians who.
You know are you basically are all about doing things like big -- so this is a fear out there you noted that there's a sea change there's been a dramatic change that there's something happening within the population.
Is there -- reactionary picking up that hey -- going to be doing these nanny state things.
Then may be the this thinking is -- another -- particularly sympathetic to your tax bill.
Well you know it's now and again gives you -- -- regulation as well it's not just taxes.
Is how business friendly estate is a given state.
In a state like Delaware has made its business to be good to business so Delaware from a whole variety of perspectives.
Is that including those sales tax is an attractive place to operate -- in North Carolina.
For years has it under both democratic or Republican leadership.
Has made it attractive for businesses to relocate there and that's one of the reasons it's thriving.
Here in Massachusetts thank god.
Under Republican leadership of Mitt Romney and others we have gradually lower the tax rates and the Democrats.
Have not yet been able to raise them to make us -- competitive.
Would you my masters is doing for -- Your time the states -- had a -- budget but they still have these huge governor worker retiree obligations do you think that the American viewers out there.
And even the younger crowd are getting -- that -- weigh in the balance where you want to live -- you wanna work.
-- do you think that people are waking up and saying to themselves hey wait a second this standard that state has very high taxes has very high government worker obligations.
It's got a lot of debt on their own state ballot sheets do you think the American population is saying to themselves hey I really want to live in the state and we wanna move here instead.
The only guy I know was willingly moved to California taking on those taxes and Mitt Romney.
He most folks you know may get a point of not spending more than six months and a day in California.
If they're beautiful residence is there simply because they can't of a for the taxes and I think in the California is -- -- -- realize they can't raise the rates are declining tax base because over time.
It's -- get them deeper and deeper trouble -- asked about public servants we all know.
What a great service firemen do for us and I've been -- a longtime supporter and admirer of of of what firemen do.
Having said that when you read in your local newspaper -- in your state California.
Fireman retired in their forties making.
Between a hundred to a thousand dollars a year and you're struggling to make ends meet.
That's a tough thing this wall.
Are right -- Steinberg thank you so much here at times they're really appreciate it.
-- 2000 now.
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