High Earners Are Moving Out of New York State

There's more evidence that people making a lot of money are moving out of the state.

An analysis by the USA Today Albany Bureau shows the number of people in New York earning at least $1 million dropped by about 1,100 between 2015 and 2016. That's a drop of about 2.4 percent.

Governor Cuomo has blamed a dip in state revenue on the exodus of wealthy people to state where taxes are lower.

People earning at least $1 million a year pay about 40 percent of the state's income taxes.

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