(NY) ...personal income tax receipts in December and January that is projected to plunge $2.3 billion below previous estimates.
...“I’ve been starting to see New Yorkers as Florida’s new foreign buyer,” real estate appraiser Jonathan Miller told the Journal. “If they were already on the fence, I think the tax law has changed the calculus for some.”
New Jersey reported a 35 percent drop in tax revenue for December, compared to the previous year, and Connecticut Comptroller Kevin Lembo (D) warned last week that tax law changes and a sluggish stock market could bring down state revenue there as well.
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