Orlando Sentinel: Is Wall Street Journal right? Is Florida “well-managed?” It depends
media mentionNew York’s tax burdens are relatively even. The effective rate for New York’s poorest is 11.4 percent, compared to 11.3 for the top one percent and 12.4 for the middle. The comparisons are by the Institute on Taxation and Economic Policy, which last updated them in 2018.
So it’s obvious why the Journal resents New York and adores Florida, where the very richest pay nearly five times less, and why some of them, including President Trump, flee to Florida’s tax haven. Read more