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State of New York is hemorrhaging rich millennials. According to a new study, more high-earning

young people are packing up and getting out of New York than any other state. One destination is

California's high-paying tech industry, but states with low or no income taxes like Florida,

Texas, Washington State and Colorado, they're also attracting rich millennials. They figured out

that keeping more of what they earn isn't selfish. It's smart and it's good. Now fiscal observers say

the overflow of these wealthy millennials could have dire consequences for New York because they pay

the lion's share of taxes. The state depends on their revenue. Now will the liberals who run New York

change their tax and spend ways to try to keep the millennials from leaving? No way.

I'm a fiscal observer too and here's what I've noticed. Just a few years back, the news was

about how desperate millennials were. They were living with mom and dad. They couldn't find jobs.

They were convinced they'd be the first generation not to experience the American dream.

Climate change is going to wipe them out. The Obama years. Now we're getting stories about how rich

they are in the Trump years. What a difference one election can make. Are they smart enough to

realize what happened to them? These rich millennials, I mean.