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About 900 people a day are moving to Florida, the state’s CFO, Jimmy Patronis, told Fox Business on Monday, attributing it mainly to higher taxes in states such as New York and New Jersey.
Migration to Florida had steadily risen over the past decade before booming during the coronavirus pandemic as remote working and the warm climate drew people to the Sunshine State.
Florida also has no personal income tax. In comparison, New York unveiled proposals in April to bump up its income-tax rates for its wealthiest residents.
Patronis told Fox that details ⇒
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