Tag: economic freedom of north america report
Florida Ranks First, New York Last on Economic Freedom
While Florida’s first place ranking is to be lauded, it should be noted that the grade is on a curve, otherwise, all states would fail. There’s plenty of room for improvement even in Florida. The minimum wage, the sales tax and property taxes are three particular areas where the state needs to improve. Furthermore, recent proposals to increase the corporate income tax would pull Florida down in the rankings.