South Florida’s Tax Advantage Over New York is Bigger than Ever

South Florida has always been a magnet for New Yorkers and other northerners looking to save on their taxes. Florida has some of the lowest taxes of any state in the country, while the State of New York has the highest, and New York City’s is even higher. With the strong cultural connection between the two regions (Miami is sometimes called the ‘sixth borough’) and a dramatic difference in taxation levels, South Florida is an obvious destination.

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