Florida and Texas are battling for new residents — DeSantis thinks he found an advantage

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Gabriela von zur Muehlen, chief policy officer at the Texas Association of Business, says Texas’ low costs and strong supply chains help attract billionaires, CEOs and manufacturers. Florida and Texas have for years attracted Americans feeling high-tax, high-cost states with an absence of personal income tax and business-friendly policies. Now, Florida Gov. Ron DeSantis is betting that reducing property taxes could become the Sunshine State's next competitive advantage. The competition for new residents translates directly to political influence, with population growth affecting everything from congressional representation to Electoral College votes. TAX-WEARY AMERICANS FLEE BLUE STATES FOR REPUBLICAN-LED SOUTHERN HAVENS As Americans continue relocating to southern states in search of affordability amid a bubbling economic crisis, the latest proposal