Forum Post: If the New York stock exchange actually moves offshore how will the loss of tax revenue affect the NY and Federal governments?
Posted 2 years ago on Dec. 25, 2011, 1:57 p.m. EST by foreeverLeft
This content is user submitted and not an official statement
It's widely known the NYSE and the Chicago exchanges are making plans to leave America should they be forced to. If the government piles on more taxes and regulations they have every intention of moving to more hospitable countries and are negotiating now.
What can we do about this loss of a tax base?