Florida is still the most popular state for retirement relocation, but it isn’t all sunshine and oranges, as our comparison of pros and cons reveals.
Olive Branch saw its assessed properly value grow by 9.4 percent in 2023 and now contributes one out of every three dollars in tax revenue used to operate DeSoto County
Tennessee’s comptroller of the treasury said Monday that the state has become a top destination for people looking to move to a place with low taxes and a fiscally responsible government.
Jason Mumpower, a Sulivan County native who was appointed by the GOP-controlled state General Assembly in 2021 to be what he calls the state’s top “money cop,” also told the East Tennessee Republican Club that Tennessee maintains a “strong rainy day fund” that currently exceeds $2.05 billion.
The competition among the states is becoming more intense as businesses become more mobile. Toyota and Boeing are two high-profile employers in America that have crossed state borders because of the policy advantages of one state over another. Toyota moved from high-income-tax California to no-income-tax Texas, and Boeing, based in Washington, a forced-union state, opened a new plant in South Carolina, which has a right-to-work (RTW) law. Texas Governor Rick Perry and California Governor Jerry Brown have openly sparred in recent years about which state is more pro-business.