Nice… Paychex founder goes Galt on New York – sort of

By the pure definition, Paychex founder Tom Golisano is not going John Galt. He’s not working less or withdrawling his talents from society in an effort to keep his efforts from eventual state ownership.

But Golisano can make a business and family decision to legally ensure the the state gets as little tax revenue from him as possible. He has determined that state spending is totally out of control, and is going to do something about it.

Like Rush Limbaugh, Golisano is a pretty rich guy. By making some simple changes in his life, he has ensured the state of New York will no longer get $5 million in tax revenue from him.

Hat tip to Malkin, and here is his kiss-off letter to the governor (read the whole thing). Gov. Patterson was thrilled to get rid of Limbaugh, maybe he will announce he’s happy Golisano is gone too?

Decades of out-of-control budgets, spending hikes and relentless borrowing have made New York simply too expensive.

Politicians like to talk about incentives — for businesses to relocate, for example, or to get folks to buy local. After reviewing the new budget, I have identified the most compelling incentive of all: a major tax break immedi ately available to all New Yorkers. To be eligible, you need do only one thing: move out of New York state.

9 replies
  1. Erik Blazynski
    Erik Blazynski says:

    I guess that this is the approach that he took with the Sabres too. Get rid of the talent and make yourself irrelevant so that you pay less tax. Brilliant!!  But can we won a cup just once before you do that?

  2. Lazybum
    Lazybum says:

    The new John Galt- FLA gets it. Why should this guy sacrifice his work, life and passion, when he can go elsewhere and benefit more people without paying the municipal thugs?

    Watch NY for the next move, where they prevent you from leaving vithout dyour papers pleace!

    Between this and the Cali vote, it is clear that the Revolution of 2010 has begun! See ya all at the voting booth!

  3. Wyndeward
    Wyndeward says:

    Hope to heck Golisano has a good tax attorney on retainer — if he keeps any real property in the state of NY, they’ll be on him like lice on a Phish-head.

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