Tuesday, January 8, 2013

Where money lives

The image above comes from the think tank, Tax Foundation.  Florida ranks #1 in the country for income migration.  That is, those moving into the state between 1999 and 2009 brought with them $70B of adjusted gross income.

It is worthwhile to note that Florida is one of only a handful of states that does not have a state/local income tax and in turn, relies heavily on property and sales tax.

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