The state of Florida saw more jobs than New York for the first time in four decades in 2022, which many see as part of a trend of Americans moving out of states like New York in search of a low-tax, low-cost lifestyle. In Florida, there were 9,578,500 nonfarm jobs by the end of 2022,…
‘Business-Friendly’ Florida Beats New York for First Time in 40 Years in Number of Jobs
February 3, 2023
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Business & Marketsbusiness friendlydomestic migrationeconomic policieseconomyFloridaFlorida Job GrowthLow TaxNew YorkRed states and blue statesRegional & State NewsState NewsUSUS News
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States Raising Taxes on the Rich Should Expect a Line at the Exit
Commentary It’s an old aphorism that if you tax something, you get less of it. Seven states are at risk of finding out exactly how that truism applies to wealth tax legislation introduced in each should their proposed taxes become law. On Thursday, Jan. 19, seven states—California, Connecticut, Hawaii, Illinois, Maryland, New York, and Washington—rolled…
Americans Aren’t as Mobile as You Think
July 22, 2022
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AmericansBusiness & MarketsBusiness Columnistsdomestic migrationOpinionremote workThinking About ChinaViewpoints
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Commentary The exodus from big cities and blue states has become a familiar theme over the past couple of years, with COVID restrictions, rising crime, and ruinous costs prompting a significant migration of people and businesses out of urban areas and into suburbs, small towns, and booming Republican-leaning states. Paradoxically, though, government data indicates that…
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