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Speaker 1: State of New York is hemorrhaging rich millennials. According to
Speaker 1: a new study, more high earning young people are packing
Speaker 1: up and getting out of New York than any other state.
Speaker 1: One destination is California's high paying tech industry, but states
Speaker 1: with low or no income taxes like Florida, Texas washing
Speaker 1: the state in Colorado, they're also attracting rich millennials. They
Speaker 1: figured out that keeping more of what they earn isn't selfish,
Speaker 1: it's smart, and it's good Now. Fiscal observers say the
Speaker 1: overflow of these wealthy millennials could have dire consequences for
Speaker 1: New York because they pay the lion's share of taxes
Speaker 1: the state depends is on their revenue. Now, will the
Speaker 1: liberals who run New York change their tax and spend
Speaker 1: ways to try to keep the millennials from leaving No way.
Speaker 1: I'm a fiscal observer too, and here's what I've noticed.
Speaker 1: Just a few years back, the news was about how
Speaker 1: desperate millennials were. They were living with mom and dad,
Speaker 1: they couldn't find jobs. They were convinced they'd be the
Speaker 1: first generation not to experience the American dream. Climate change,
Speaker 1: They're gonna wipe them out the Obama years. Now we're
Speaker 1: getting stories about how rich they are in the Trump years,
Speaker 1: what a difference one election can make. Are they smart
Speaker 1: enough to realize what happened to them? These rich millennials,
Speaker 1: I mean