Eventually, city and state taxes, fees, and regulations become so burdensome that people and corporations jump ship. More people are currently fleeing New York than any other metropolitan area in the nation. More than 1 million people have moved out of New York City since 2010 in search of greener pastures, which amounts to a negative net migration rate of 4.4 percent.
http://thehill.com/opinion/finance/384536-the-great-exodus-out-of-americas-blue-cities
http://thehill.com/opinion/finance/384536-the-great-exodus-out-of-americas-blue-cities