[ April 23, 2024 ]
Excellent idea, Mayor Suarez. America is going to see some significant population shifts in the years to come, since more American corporations will flee Democrat States plagued by high taxes.
The realization of our efforts to bring high-quality, high paying jobs, and a better quality of life to our City seems closer than ever. https://t.co/JmCH9wPZUr
— Mayor Francis Suarez (@FrancisSuarez) December 26, 2020
Miami mayor urges Wall Street firms to leave NYC for friendlier city
City taxes, business environment key draws for big banks, mayor says.
Story continues below advertisementBy Fox News, December 26, 2020
Miami’s Republican mayor said Thursday he hopes to draw some of the big financial firms from Wall Street down to Biscayne Boulevard, as a relief from the high tax burdens and other restrictions of New York.
Mayor Francis X. Suarez told “Your World” he is already having success in talks with firms like Blackstone, Goldman Sachs and JP Morgan.
New York State continues to be near or at the top of the list when it comes to taxation and other categories that businesses take heed of, while Florida does not impose a state income tax among other benefits.
Suarez said that one of the more recent developments that have made northeastern firms question their tenure in New York and the surrounding region is that of the change in federal SALT deduction.
The Trump tax bill capped the amount of local tax that residents of high-tax states can deduct from their federal return. While SALT used to have no limit, the plan maxed out the deduction at $10,000.
New York Gov. Andrew M. Cuomo, a Democrat, previously accused Trump of “trying to kill New York City” with policies such as the SALT cap, further claiming it to be “retribution politics” against Democratic-run states, which tend to have a higher tax burden.
Suarez told “Your World” host Charles Payne he has already seen “an avalanche of people” moving into South Florida from Cuomo’s state, as well as California.
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He also touted Miami’s standing as one of the safest large cities in America, remarking that its homicide rate is the lowest since 1954. For its part, New York had for some time been considered in similar straits, but the Big Apple had a spike in violence in recent months.
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17 Comments
3 years ago
No stupid unscientific masks or marxist distancing. Sounds appealing.
3 years ago
Reply to
WadeBaker
I just bought some Lemmy Kilmister (of Motorhead) masks. Makes people look like Lemmy, with a mustache. Off their website. Funny as heck.
3 years ago
I am visiting Florida again as we write…great to eat out at a restaurant, play tournament poker, and actually live Free. NEW YORK STATE-run by a lizard
3 years ago
Just leave your insane politics in NY and CA behind when you leave. Like locus, we don’t need you to destroy the next greener pasture when you get here.
3 years ago
No More New Yorkers in Florida.
3 years ago
Reply to
Bkhuna
If they go there, they have to leave the socialist politics behind. Republicans should be welcome. If you’re a socialist/communist, don’t go.
3 years ago
Reply to
Michael Goldman
That won’t happen. New residents should be barred from voting in elections for 8 years.
3 years ago
Your politics stay in NY and NYC, you disgusting SCUM. They don’t come with you, unless you are a Republican.
3 years ago
3 years ago
Mayor Suarez should allow them to relocate in the areas of Miami that will soon be underwater.
3 years ago
Miami has a better climate, no snow down there!
3 years ago
3 years ago
Suarez didn’t start this, Deblasioshit and Cuomo aka Fredo killed NY in unison.
3 years ago
NO, wall street is virtually ALL left wing scum. Why would they want to ruin Florida? I know the mayor is a demoncrat.
3 years ago
Oh great, we wanted to move to Florida to be among other like conservatives. Obviously this will not be a good move as Florida attracts all of the leftist loons and becomes NYC south. Thanks but no thanks!
