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Don't worry, the South is still booming: The North loses residents to the low-tax South
Washington Times ^ | 07/29/2019 | By Stephen Moore and Clara Hawthorne

Posted on 07/29/2019 10:41:35 AM PDT by SeekAndFind

Anyone who understands real estate knows it’s all about three things: location, location, location. In recent decades, many of the hottest locations in the country have been in Dixie. Much of this growth has come at the expense of the Northern states. In the last several decades, the North has lost more than 5 million residents and hundreds of billions of dollars of economic activity to the low-tax and business-friendly Southern states.

Miami, Dallas, Charlotte and Nashville are the happening cities, replacing struggling places like Chicago, Hartford, New York, Baltimore and Providence. We would urge people to go to our friend Travis Brown’s wonderful book “How Money Walks,” which shows the places Americans are moving to and from.

But now we are told by liberal think tanks and the media that the South’s ascent has stalled out. The Wall Street Journal recently announced in a front page headline: “The South Is Falling Behind.” After several decades of speedy development, things have supposedly changed. Over the last decade, the WSJ says, the southeast “recorded the country’s slowest growth in output and wages … and the highest unemployment rate.” The implication is that low tax rates don’t work anymore as a magnet.

Not so fast. These kinds of stories don’t take into account that the South isn’t monolithic. Some Southern states have low tax rates and others don’t. The four states with the best economic climate — Florida, North Carolina, Tennessee and Texas — are all high-flyers, thank you. Three of these four, have no personal income tax and the 4th, North Carolina, has cut its income tax sharply.

These big four in the South have attracted 3.04 million net new residents from other states over just the past decade. That’s a 4.6 percent rise in population due to net migration

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: economy; north; residents; south
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1 posted on 07/29/2019 10:41:35 AM PDT by SeekAndFind
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To: SeekAndFind

2 posted on 07/29/2019 10:43:47 AM PDT by SeekAndFind (look at Michigan, it will)
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To: SeekAndFind

And they still vote Democrat and have ruined Virgina.


3 posted on 07/29/2019 10:44:54 AM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents_Know Islam, No Peace-No Islam, Know Peace)
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To: SeekAndFind

I moved from Seattle 8 years ago to rural Kentucky. My 40-ish daughter and her husband moved near Lousville a year ago. They love it here and are now looking for a house.


4 posted on 07/29/2019 10:46:22 AM PDT by cuban leaf (We're living in Dr. Zhivago but without the love triangle)
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To: Lurkinanloomin

Was gonna say, this is not a good development as it merely spreads the contagion around.


5 posted on 07/29/2019 10:46:47 AM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer.)
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To: SeekAndFind

And we wonder why Texas is purple? I’m all for sending them back.


6 posted on 07/29/2019 10:47:06 AM PDT by DallasGal (When your honor, integrity and trustworthiness are gone, you are nothing.)
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To: Lurkinanloomin

Now they are trying to do the same to North Carolina, Georgia and Florida. Did you see how close that female black supremacist got to getting elected governor of Georgia? Scary!


7 posted on 07/29/2019 10:47:58 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: SeekAndFind

bump


8 posted on 07/29/2019 10:48:33 AM PDT by foreverfree
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To: SeekAndFind

NYS has been losing House seats for decades.


9 posted on 07/29/2019 10:48:59 AM PDT by mewzilla (Break out the mustard seeds)
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To: SeekAndFind

Ugh.


10 posted on 07/29/2019 10:49:30 AM PDT by Governor Dinwiddie (In Italia i fascisti si dividono in due categorie : i fascisti e gli antifascisti. -- Ennio Flaiano)
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To: DallasGal
And we wonder why Texas is purple? I’m all for sending them back.

Exactly. They vote for the same failed policies that made them want to leave their hellholes in the first place.

Texas doesn't have many cycles left red.
11 posted on 07/29/2019 10:50:22 AM PDT by TexasGunLover
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To: cuban leaf

“My 40-ish daughter”

Geez, you are likely pretty old. I’m surprised.

A few years ago, I went to Louisville for my nephew’s wedding. He and his bride traveled there from California to get married, apparently because they are Big Lebowski freaks. Very strange.

But I really liked Louisville. Hoping to go back there soon and explore more.

We went to some apparently famous restaurants called The Brown, I think. We had a brown sandwich that they were famous for. It was turkey, gravy and cheese on bread, if I remember right. It was tasty but it alone was not worth the trip.


12 posted on 07/29/2019 10:54:20 AM PDT by be-baw
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To: SeekAndFind

<img src="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ikny_ryJCfS0/v0/1000x-1.png" width=80%>

Now this image will adapt and look good no matter the screen size or resolution.

13 posted on 07/29/2019 10:55:42 AM PDT by upchuck (No muzzy is fit to hold public office - their cult (religion) is incompatible with the Constitution.)
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To: SeekAndFind

How long with the South remain low tax and conservative with so many liberal Northerners moving in? It’s a matter of time until they overwhelm the natives and turn the states at least purple.


14 posted on 07/29/2019 10:56:17 AM PDT by llevrok (Vote, while it is still legal!)
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To: upchuck

WASH and ORE in the Top Ten are surprising.


15 posted on 07/29/2019 10:56:42 AM PDT by Teacher317 (We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
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To: be-baw

I’ve been to a LOT of cities in the US (driven in every state except for five on the east coast) and Louisville is my favorite. I actually work right next to the Yum Center downtown. Parking’s cheap. Traffic is low. And this is a “food and microbrew” town.

I even sometimes play at the blues jam at “Stevie Ray’s”. down here. And if I really want a taste of Seattle’s Capital hill, the U-district and Freemont all rolled up into one, I just hit the Highlands on Baxter and Bardstown Road here.

And they finally have plenty of Costco’s, though Amazon is making them less and less relevant.


16 posted on 07/29/2019 10:57:41 AM PDT by cuban leaf (We're living in Dr. Zhivago but without the love triangle)
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To: Lurkinanloomin

I’ve heard that argument a lot, and I don’t entirely discount it. But there’s another, more pleasant side.

But down here in sunny Southwest Florida, I know a great many retirees from New York, New Jersey, and even Massachusetts who are strong conservatives. Among the people I do volunteer work with, I can only think of a handful of liberals.

I’m pretty broken up about Virginia going blue, but I believe that’s entirely due to the proliferation of government jobs in the D.C. suburbs, along with many foreigners in those same communities.


17 posted on 07/29/2019 10:58:28 AM PDT by Nothingburger
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To: SeekAndFind

Yankee go home!


18 posted on 07/29/2019 10:58:52 AM PDT by HotKat (Politicians are like diapers; they need to be changed often and for the same reason. Mark Twain)
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To: mewzilla
NYS has been losing House seats for decades.

In 1948, NY had 47 EVs, and FLA had 8.... that was a mere 71 years ago...

In 2012, NY and FLA both had 29

In 2024, NY is projected to drop to 27, and FL should rise to 30 or 31.

19 posted on 07/29/2019 11:01:42 AM PDT by Teacher317 (We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
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To: Nothingburger

There are a few conservatives coming from the Northeast, but the majority still vote for what they fled.
Foreigners have had a major impact in Virginia.


20 posted on 07/29/2019 11:02:33 AM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents_Know Islam, No Peace-No Islam, Know Peace)
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