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<blockquote data-quote="Babagounj" data-source="post: 4140022" data-attributes="member: 12952"><p><span style="font-size: 22px"><strong>Wealthy New Yorkers are ditching city’s high taxes for Miami</strong></span></p><p><span style="font-size: 22px"></span></p><p><span style="font-size: 22px"><strong>Affluent New Yorkers, financially distressed by <a href="https://nypost.com/2019/06/08/ny-taxpayers-send-most-money-to-washington-but-receive-least-funding/" target="_blank">recent changes to the nation’s tax laws</a>, are bucking the Big Apple’s high costs and heading for an economic paradise — Florida’s Miami-Dade County area.</strong></span></p><p><span style="font-size: 22px"><strong>The federal Tax Cuts and Jobs Act signed into law in late 2017 brought with it sweeping changes that limited deductions on state and local taxes — with taxpayers particularly hard hit in New York, New Jersey and Connecticut, which are among the states with the highest income and property taxes.</strong></span></p><p><span style="font-size: 22px"><strong></strong></span></p><p><span style="font-size: 22px"><strong>According to US Census Bureau data, Florida had the highest number of migrants from other states, with New York contributing the most — 63,722 people during the 12 months ended in July 2018.</strong></span></p><p><span style="font-size: 22px"><strong></strong></span></p><p><span style="font-size: 22px"></span></p></blockquote><p></p>
[QUOTE="Babagounj, post: 4140022, member: 12952"] [SIZE=6][B]Wealthy New Yorkers are ditching city’s high taxes for Miami[/B] [B][/B] [B]Affluent New Yorkers, financially distressed by [URL='https://nypost.com/2019/06/08/ny-taxpayers-send-most-money-to-washington-but-receive-least-funding/']recent changes to the nation’s tax laws[/URL], are bucking the Big Apple’s high costs and heading for an economic paradise — Florida’s Miami-Dade County area.[/B] [B]The federal Tax Cuts and Jobs Act signed into law in late 2017 brought with it sweeping changes that limited deductions on state and local taxes — with taxpayers particularly hard hit in New York, New Jersey and Connecticut, which are among the states with the highest income and property taxes. According to US Census Bureau data, Florida had the highest number of migrants from other states, with New York contributing the most — 63,722 people during the 12 months ended in July 2018. [/B] [B][/B][/SIZE] [/QUOTE]
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