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Miami's Boom Drives Up Cost of Living
Bloomberg Television· 2026-07-26 15:29
For more on how Miami allegedly got so pricey, we're joined once again by our resident Miamian. Miamian. That's the right demonet.You can correct me if I'm wrong. Senator Commodestrantis, Mike McGlone. Mike, you used to live in New York.Right. Or you knew these people who defected, to Florida. What is your take on all this.Well, the bottom line is from the top down. In New York, if you get a $100,000 bonus, the state of New York and the city of New York off the top take 16%. In Miami, it's zero.Okay. That's ...