"New York: The 'Least Free' State with High Taxes and Regulation, Study Finds"

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Source: Fox Business
"New York: The 'Least Free' State with High Taxes and Regulation, Study Finds"
Photo: Fox Business
TL;DR Summary

New York has once again been ranked as the least free state in the United States by the Cato Institute, based on personal and economic freedoms. The state's high taxes and regulatory environment contributed to its low ranking, with little improvement expected in the near future. While New York did fare better in certain personal freedom categories, such as incarceration and cannabis regulations, it ranked poorly in areas like gun rights and tobacco. New Hampshire claimed the top spot as the freest state, narrowly surpassing Florida. The Cato Institute provided recommendations for New York to improve its rankings, including reducing spending, cutting taxes, and abolishing rent control.

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