Rising Costs Prompt Floridians to Leave 'Tax Haven' State
Florida, once considered a tax haven due to its lack of state income tax, is seeing an exodus of residents like Lorraine English, who moved to North Carolina. The state has become less attractive due to rising property taxes and insurance premiums, exacerbated by frequent natural disasters. Florida's property taxes, although capped by the Save Our Homes Amendment, have increased significantly, making housing less affordable. Insurance costs, particularly for homeowners, have surged due to factors like insurance fraud and inflation in construction costs. This has led many residents to seek more affordable living conditions in states like Georgia, Texas, and North Carolina. 
