Thursday, May 13, 2021

Why Are California, New York, and Illinois Losing Congressional Seats?

Illinois, which has lost ten seats in 70 years; New York, which has seen its congressional delegation shrink by 15 members in the last 50 years; and California, which will lose a congressional seat for the first time, were among the biggest losers.

Texas has finished atop the executive survey, undertaken by CEO Magazine, for more than a decade, while California and New York have resided at the bottom for equally as long.

Only two places in the state-Buffalo and New York City-made the list, and they ranked among the bottom ten as good places for new business.

The concerns raised consistently by executives and entrepreneurs in places like California and New York appear not to matter much to politicians.

Despite the economic blows suffered by New York during the pandemic, which included the flight of tens of thousands of New York City residents from the state, Albany is making little effort to boost its appeal to businesses.

Even after receiving billions of dollars in pandemic aid from Washington, New York recently raised taxes on businesses and high-earning individuals by an estimated $4.3 billion, a move one business leader called "a political statement aimed at punishing the rich-not a reflection of economic need." California businesses, meantime, narrowly escaped a huge tax increase last November when voters rejected a change to the way commercial properties are taxed that many politicians supported.

In recent years, Texas has consistently scored well on its installed infrastructure-but so did New York and California once upon a time.

https://www.city-journal.org/economic-opportunity-driving-migration-trends-behind-americas-political-realignment?wallit_nosession=1 

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