“When a city goes out and attracts a new factory that will have 100 jobs, it makes headlines in the paper. But the economic impact of those retirees will far and away exceed the economic impact of the industrial development. ... Retirees are really the most effective and efficient type of economic development for many of these little communities.”
“Florida has no income tax, and they tout that far and wide. If states want to compete for boomer retirees, they need to offer some type of tax incentives.”