Out-of-State Buyers Flock to Miami

A rising checklist of public officers in high-tax states are expressing alarm that large earners are bolting to low-tax states as new information suggests some house patrons are shifting in response to the year-old change within the federal tax legislation.

New York Gov. Andrew Cuomo turned the most recent on Monday when he blamed a $2.three billion state shortfall on the brand new federal tax legislation that he stated is driving folks to depart the state. Throughout a information convention in Albany, Mr. Cuomo stated the 2017 legislation capping a deduction for state and native taxes at $10,000…

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