{"id":33620,"date":"2013-01-28T10:32:06","date_gmt":"2013-01-28T15:32:06","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=33620"},"modified":"2013-01-28T10:46:23","modified_gmt":"2013-01-28T15:46:23","slug":"hedge-funds-moving-to-florida","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2013\/hedge-funds-moving-to-florida.html","title":{"rendered":"Hedge Funds Moving To Florida"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/05\/11918.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-22409\" title=\"Florida Hedge Funds\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/05\/11918-284x300.jpg\" alt=\"\" width=\"284\" height=\"300\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2011\/05\/11918-284x300.jpg 284w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2011\/05\/11918.jpg 345w\" sizes=\"auto, (max-width: 284px) 100vw, 284px\" \/><\/a>New York (HedgeCo.Net) &#8211; Tired of New York&#8217;s high city and state tax rates, the New York Post reports that some hedge funds are moving to Florida\u2019s Palm Beach County.<\/p>\n<p>\u201cYou weigh all of the benefits for being here to those in New York, and they outweigh them every time,\u201d said Evan Rapoport, CEO of HedgeCo.net, which is expanding its presence in Palm Beach County.\u201cThis fiscal-cliff issue, with tax rates continuing to go up. We\u2019re seeing where we\u2019re going with taxes.\u201d<\/p>\n<blockquote><p>&#8220;Federal tax rates are the same in Florida and New York. But there\u2019s no state income tax in the Sunshine State. Compare that to New York, where the state and local governments took $14.71 of every $100 earned in 2010, according to state records. The only state with a higher rate is Alaska.&#8221; <em>The New York Post reports.<\/em><\/p><\/blockquote>\n<p>With so many people in the hedge fund industry using\u00a0technology\u00a0to\u00a0communicate, the Post noted, picking up and moving shop is no longer a big deal.<\/p>\n<p>Alex Akesson<br \/>\nFor <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; Tired of New York&#8217;s high city and state tax rates, the New York Post reports that some hedge funds are moving to Florida\u2019s Palm Beach County. \u201cYou weigh all of the benefits for being here to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16044,3],"tags":[],"class_list":["post-33620","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-strategies-2","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=33620"}],"version-history":[{"count":8,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33620\/revisions"}],"predecessor-version":[{"id":33622,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33620\/revisions\/33622"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=33620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=33620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=33620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}