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Remote work and worries over tax hikes are leading some financial advisors who live in expensive cities like New York to move to low-tax and no-tax states

Remote work and worries over tax hikes are leading some financial advisors who live in expensive cities like New York to move to low-tax and no-tax states
accountingtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountingtoday.com Daily Mail and Mail on Sunday newspapers.

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Remote work and worries over tax hikes are leading some financial advisors who live in expensive cities like New York to move to low-tax and no-tax states

Remote work and worries over tax hikes are leading some financial advisors who live in expensive cities like New York to move to low-tax and no-tax states
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.

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From New York City to Nashville: Americans fed up of cramped cities flee in droves during pandemic

Some economists believe the pandemic has turbocharged what was an already inevitable decline for so-called superstar cities
By
Nick Allen,
Washington Editor,
Washington DC
;
Josie Ensor,
US Correspondent,
New York City
and
Margi Murphy,
US Technology Reporter,
San Francisco
27 February 2021 • 7:00am
According to data from the US Postal Service, New York lost a staggering 110,978 people last year
Credit: Spencer Platt /Getty Images North America
After the 1918 Spanish flu pandemic ripped through America s cities a little known beach town in Florida called Miami saw its population quintuple in seven years to 150,000 as people fled the metropolises.
A century later, a similar phenomenon is underway, sparked by Covid-19, combined with the exponential rise of teleworking, and the crippling unaffordability of housing in city centres. ....

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Pandemic prompts Wall Street to look south for Florida's life and work benefits

5 Min Read
BOSTON (Reuters) - A bevy of Wall Street executives, bankers and fund managers are abandoning New York for Florida, embracing the Sunshine State over metropolitan New York as the coronavirus pandemic has eliminated many benefits of working from a global financial hub.
FILE PHOTO: People sit at Il Giardino restaurant as restaurants reopen with restrictions to limit the spread of the coronavirus disease (COVID-19) on Ocean Drive on South Beach in Miami, Florida, U.S. on May 27, 2020. REUTERS/Zachary Fagenson
Since legions of finance industry employees began working from home in March, Florida’s warm weather, low taxes, affordable space and quick, easy flights back to New York, when needed, have elevated its status. ....

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Wall Street Exiles Flee to South Florida's Warm Weather, Low Taxes

Wall Street Exiles Flee to South Florida's Warm Weather, Low Taxes
1490wosh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 1490wosh.com Daily Mail and Mail on Sunday newspapers.

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