ESCAPE FROM NY: Trump Says High-Taxes, Unfriendly Laws Forcing Businesses, Residents to FLEE NYC

Originally published at: ESCAPE FROM NY: Trump Says High-Taxes, Unfriendly Laws Forcing Businesses, Residents to FLEE NYC | Sean Hannity

President Trump slammed New York Governor Andrew Cuomo and his administration Monday; saying the state’s unfriendly policies towards businesses are prompting residents to flee in record numbers.

“It is very hard and expensive to live in New York. Governor Andrew Cuomo uses his Attorney General as a bludgeoning tool for his own purposes. They sue on everything, always in search of a crime. I even got sued on a Foundation which took Zero rent & expenses & gave away more money than it had. Going on for years, originally brought by Crooked Hillary’s Campaign Chair, A.G. Eric Schneiderman, until forced to resign for abuse against women. They never even looked at the disgusting Clinton Foundation. Now Cuomo’s A.G. is harassing all of my New York businesses in search of anything at all they can find to make me look as bad as possible,” tweeted the President.

“So, on top of ridiculously high taxes, my children and companies are spending a fortune on lawyers. No wonder people and businesses are fleeing New York in record numbers!” he added.

It is very hard and expensive to live in New York. Governor Andrew Cuomo uses his Attorney General as a bludgeoning tool for his own purposes. They sue on everything, always in search of a crime. I even got sued on a Foundation which took Zero rent & expenses & gave away…

— Donald J. Trump (@realDonaldTrump) July 1, 2019

….New York businesses in search of anything at all they can find to make me look as bad as possible. So, on top of ridiculously high taxes, my children and companies are spending a fortune on lawyers. No wonder people and businesses are fleeing New York in record numbers!

— Donald J. Trump (@realDonaldTrump) July 1, 2019

Trump’s comments come hours after the stock market opened to major gains.

“U.S. stocks jumped on Monday after the U.S. and China agreed to hold off on slapping additional tariffs on their products in an effort to resume trade talks,” reports CNBC. “The S&P 500 rose 0.8% and reach an all-time high of 2,977.86, breaking above its previous record of 2,964. The Dow Jones Industrial Average gained 152 points, or 0.6% as Nike and Apple outperformed. The Nasdaq Composite jumped 1.1%.”

“The markets appear to be content with the cooperative tone coming out of the meetings. To me, it felt like the contrarian play was to the upside post meetings,” said Dan Deming, managing director at KKM Financial. “There was a great deal of bearishness in sentiment headed into the meeting. Many market observers were discounting any change in the narrative, which made many believe the risk was to the downside.”

The Dow Jones Industrial Average and S&P 500 inched higher last week; posting the biggest June returns since 1938.

“Recent gains have put the Dow Jones Industrial Average DJIA, +0.14% in position to ring up its best June gain of 7% since 1938 when the blue-chip benchmark surged an eye-popping 24.3% on the month,” reports Market Watch.

“The S&P 500 index SPX, +0.23% is on track for its best June return, with a gain of about 6.5%, since 1955 when the broad-market benchmark rose 8.2%, while the Nasdaq Composite Index COMP, +0.17% was on track for a 6.9% return in June, which would represent its best June since a 16.6% gain back in 2000. The S&P 500 last week notched its first record close since April 30, while the Dow is off less than 1% short of its Oct. 3 all-time closing peak,” adds the website.

The Stock Market went up massively from the day after I won the Election, all the way up to the day that I took office, because of the enthusiasm for the fact that I was going to be President. That big Stock Market increase must be credited to me. If Hillary won – a Big Crash!

— Donald J. Trump (@realDonaldTrump) June 28, 2019

 

What state is he going to move to in January, 2021?