Businesses ditch Philadelphia for Florida over high taxes, crime
FOX Business' Jeff Flock speaks to David David Gallery owner Carl David, who says Florida is a 'business-friendly' move.
After one Philadelphia family spent three generations running an art gallery in the City of Brotherly Love, they claim they’ve found the «right time» to join the exodus to Florida.
«The political climates changed everywhere, and Florida is very business-friendly,» David David Gallery owner Carl David told FOX Business’ Jeff Flock in an appearance on "Varney & Co." Thursday. «So the tax structure is more enticing, and I think that's another factor as to why people are migrating down here.»
Between 2021 and 2022, Florida saw the second-largest influx of new residents in the country with more than 416,000 people.
Additionally, a new study conducted by Venture Smarter found Florida also has the highest number of small businesses in America, with more than 13,000 small businesses per 100,000 residents.
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David claimed that between his clientele and his family, he feels like one of the last people in his circle to make the move south.
Philadelphia business owner Carl David told FOX Business’ Jeff Flock on «Varney & Co.» Thursday that he’s moving his family and art gallery to «business friendly» Florida. (Getty Images)
«Our kids have moved down here and we've got a lot of friends down here. A lot of our clients have moved down here, so it seemed to be the right time, the right fit,» the business owner said.
«They're law enforcement supporters, they're ex-military, all the things that I really believe in strongly,» he continued. «And it's important to us to support those people as well. So in the fact that
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