New York’s super-rich migrating south for better value

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New York’s super-rich migrating south for better value

Analysts say a growing number of New York’s financial elite believe that fleeing the city for other states with lower taxes and costs in order to protect their wealth is a total no-brainer — particularly since the 2019 UBS/PwC Billionaires Report found that the collective net worth of their peers globally has plunged heavily for the first time in years.

That may be true, but when you leave New York, you loose out on your financial connections and the people that make your wealth. New York is expensive, but it's a popular choice for the elite, because you can't find the people in Manhattan Kansas that you can in Manhattan New York. Kansas might be a great place if you want to raise hogs and cattle, but probably not a great place to be in if your involved in financial business.

Why Is College in America So Expensive?

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Why Is College in America So Expensive?

Today, the U.S. spends more on college than almost any other country, according to the 2018 Education at a Glance report, released by the Organization for Economic Cooperation and Development (OECD).

All told, including the contributions of individual families and the government (in the form of student loans, grants, and other assistance), Americans spend about $30,000 per student a year—nearly twice as much as the average developed country. “The U.S. is in a class of its own,” says Andreas Schleicher, the director for education and skills at the OECD, and he does not mean this as a compliment. “Spending per student is exorbitant, and it has virtually no relationship to the value that students could possibly get in exchange.”

Only one country spends more per student, and that country is Luxembourg—where tuition is nevertheless free for students, thanks to government outlays. In fact, a third of developed countries offer college free of charge to their citizens. (And another third keep tuition very cheap—less than $2,400 a year.) The farther away you get from the United States, the more baffling it looks.

When is my earliest sunset? | Astronomy Essentials | EarthSky

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When is my earliest sunset? | Astronomy Essentials | EarthSky

The winter solstice is the shortest day. It offers the shortest period of daylight. But, unless you live close to the Arctic Circle or Antarctic Circle, your earliest sunsets aren’t on or even near the solstice itself. Instead, your earliest sunsets will come before the winter solstice. The exact date of earliest sunset depends on your latitude. If you live in the southernmost U.S., or a comparable latitude (say, around 25 or 26 degrees north latitude), your earliest sunsets are in late November. If you’re farther north – say, around 40 degrees north latitude – your earliest sunsets are around December 7.