TALLAHASSEE, Fla. - Governor Rick Scott wants Yale University to move to Florida.
Lawmakers in Connecticut have proposed a tax on the profit on investments to Yale's $25.6 billion endowment.
The governor said, "With news that the Connecticut Legislature wants to unfairly tax one of the nation’s most renowned universities to deal with the state’s budget shortfall, it is clear that all businesses in Connecticut, including Yale, should look to move to Florida." He continued on to say, "since I took office in 2011, we have not raised any taxes or fees in Florida. In fact, we have cut taxes 55 times, including $1 billion in tax cuts over the last two years, which saved Floridians $5.5 billion."
Scott has previously told businesses to get away from high-taxes in Connecticut and move to low-tax Florida.
This probably won't prompt one of the country's most prestigious colleges to move to the sunshine state.
Yale's Press Secretary, Tom Conroy, responded by saying, "It’s wonderful to be recognized as an outstanding asset, but Yale, New Haven, and Connecticut have been on common ground to great mutual benefit for 300 years. We’re looking forward to reaching even greater heights in education, research and civic engagement over the next three centuries and more."
The Governor of Connecticut, Dannel Malloy, said that Scott's comments are nothing more than gimmicks and not real economic strategies.