(FOX BUSINESS) — Florida has become a hotspot for people looking to move within the U.S. – particularly among those hoping to lower Opens a New Window. their tax Opens a New Window. liabilities – but certain areas in the Sunshine State have received more movers than others.
Residents from high-tax states, like New York, New Jersey and Connecticut, have been moving to lower-tax states, like Florida, in droves since the implementation of the Tax Cuts and Jobs Act, which – among other things – capped state and local tax deductions at $10,000.
