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Here's one more reason why New Englanders should move to Florida.
After failing to persuade fiscally prudent residents in Collier and Sarasota counties to fork over millions of taxpayer dollars for a new research center with vague promises, The Jackson Laboratory has found a new home in the Constitution State.
That's because Connecticut legislators are far more generous with other people's money than their Florida counterparts. They recently voted to give the Maine-based genetics laboratory $291 million in taxpayer money for a research center that may employ 320 people within 10 years.
Even if Jackson Lab meets these job projections, that's more than $900,000 of taxpayer money per job.
And it's not as if Connecticut taxpayers have that kind of money lying around. The Legislature had to approve a bond issue to raise the funds.
So while some on the Gulf Coast still mourn the loss of the Jackson Lab deal, higher tax burdens in the Northeast from projects such as Jackson Lab will send more wealthy residents to Naples and Sarasota.
That's economic development for which Floridians don't have to pay top dollar.
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