Arrr, me hearties! Be it true? Young and wealthy Americans be leavin' New York and California, seekin' fortunes in Florida and Texas. What be the tale behind this peculiar occurrence?
2023-08-29
Arr mateys! Listen ye well, for I bring ye tidings from the high seas of wealth and adventure! The youthful scallywags, laden with riches, be forsaking California and New York for the bountiful Sun Belt. Aye, Florida and Texas be the lands they seek, as revealed by a recent survey from SmartAsset. These swashbucklers, known as filers, aged 26 to 35, earning a staggering $200,000 or more a year, be flocking to these shores like the waves upon the shore. 'Tis a treasure trove of tax revenue, for only a measly 2% of their tax returns be filed by this young crew. Shiver me timbers, what a tale indeed!
In a surprising turn of events, it seems that the wealthy and youthful are setting sail from the bustling shores of California and New York, and making their way to the enticing Sun Belt. Ahoy there, me hearties! According to a jolly new survey from SmartAsset, these fine folks, known as filers aged 26 to 35, who be earning a pretty penny of $200,000 or more, are flocking to the sunny lands of Florida and Texas.Arrr, ye may be wonderin' why this be happening. Well, it seems that these high earners be bringin' in a mighty chunk o' tax revenue, me mateys! Aye, for the young scallywags aged 26 to 35, a mere 2% of tax returns be filed, yet they be contributin' a grand share to the coffers.
Now, ye may be thinkin', why be they abandonin' the likes o' California and New York? Well, me hearties, it be all about the gold. The Sun Belt be offerin' a treasure trove o' benefits to these young buccaneers. With its warm weather, lower cost o' living, and bountiful opportunities, it be temptin' the wealthy like a siren's song. The Sun Belt be a land where the young can stretch their doubloons further and enjoy a life of luxury.
But fear not, me hearties! California and New York still be holdin' their own. They still be attractin' many a landlubber with their vibrant cities, cultural delights, and swashbucklin' adventures. Yet, it be clear that the Sun Belt be makin' a name for itself as a haven for the rich and adventurous.
So, me hearties, as we set sail into the 17th century, it be clear that the tides be changin'. The young and the wealthy be settin' course for the Sun Belt, leavin' California and New York in their wake. Aye, the Sun Belt be shinin' bright for these high-earnin' scallywags, offerin' a life of sun, fun, and plenty o' golden opportunities.