NYcarbineer
Diamond Member
Many of these New York and Pennsylvania residents no doubt moved to Florida for the warm weather, says the foundation, a nonpartisan research group. ut many more may have moved there because the state does not have an individual income tax, an estate tax, nor an inheritance tax.
RIF
"may" have is the key word there. They don't really know the numbers. New Hampshire has a net loss of people to Florida, and New Hampshire is a very low tax state.
My current boss moved back here from Florida recently.
There's also little industry in New Hampshire, but this is about NY.
In this horrible 0bameconomy, people have to go where the jobs are and where you aren't over taxed. The destination seems to be red states.
The unemployment rate in New Hampshire is 5%. Florida's is 8.7%. New York's is 8.5%.