If you have no taxes, they will come.
According to its Governor, New York now has a $2.3 billion budget deficit. Governor Cuomo blames federal tax reform and specifically references Florida as an attractive choice for New Yorkers who are unhappy with the change in the tax law.
Preliminary data shows a jump in Florida home purchases by buyers from high-tax states. In a Census Bureau report specifying the states that lost residents due to high taxes, overregulation and declining opportunities, New York was top on the list. Since 2010 one million people have packed and left the Big Apple.
Where does the Census say the majority of these residents ended up? Yep, Florida. And why not? Great weather, no income tax and business friendly. Florida welcomes those who are looking for refuge from Big Government states. Florida’s conservative leadership for the past 20 years, have made it, according to the Cato Institute, the nation’s freest state.
There is a possible dark side for Floridians that are fond of freedom. It would appear that many of those tax burdened exiles having found relief from their tax and regulate despots, want to instill those same oppressive politics that caused them to flee in the first place.
Florida barely escaped becoming more like New York in the recent midterm elections – where Andrew Gillum came within a thin margin of becoming the next governor. That’s how quickly the sunshine state could have become the sunset state. Gillum’s Socialist illusions would have ended our prosperity – and would have ended two decades of pro-growth policies which has made Florida an inspiration for our nearly 21 million residents.
Unlike the federal government, Florida balances its budget without an income tax. Don’t bring your big progressive government from New York to our freedom loving state. We have to convince these new arrivals that the only way to keep Florida a financial powerhouse is to continue the policies that persuaded them to want to come here in the first place.
If you relocated from New York or another high tax state, welcome. But leave your economy killing policies behind and vote for no taxes and a pro-business government.
By the way, Texans: be vigilant of the caravan of Californians coming your way.