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Submission: On November 24 via api from US — Scanned from DE
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Personal Finance Back MortgagesStudent LoansCredit CardsPersonal LoansSavingsInsurance401kModern RetirementTax Planning Economy Back Government SpendingMoney & PolicySmall Business Markets Back StocksUS MarketsCryptocurrencyFutures & CommoditiesBondsETFsBusiness LeadersIndustriesRetailPre MarketsMutual Funds Watchlist Lifestyle Back EntertainmentRich & FamousTravelCarsAirplanesFood & DrinksArts Real Estate Back Personal Real EstateCommercial Real EstateLuxury Properties Tech Back DigitalSocial MediaGadgetsBusiness TechHealthcare TechFuture TechAISpace Video Podcasts Close the sidebar Close the sidebar Fox Business ☰ Media Published November 20, 2023 6:30am EST NEW YORK CONTINUES TO BE RANKED ONE OF THE 'LEAST FREE' STATES, NEW SURVEY SHOWS THE CATO INSTITUTE RELEASED ITS ANNUAL 'FREEDOM IN THE 50 STATES' REPORT * * * Comments * By Lindsay Kornick FOXBusiness Lady Gaga's father details a declining New York City New York City restaurateur and Lady Gaga's father Joe Germanotta says customer foot traffic has decreased in areas plagued by migrants and homeless. The Cato Institute once again ranked New York as the least free state in the country based on the rankings of personal and economic freedoms. In November, the libertarian think-tank released the latest edition of its "Freedom in the 50 States" study analyzing states along 230 different metrics ranging "from taxation to debt, eminent domain laws to occupational licensing, and drug policy to educational choice," according to its website. Based on "crushing" state and local taxes and its high regulatory environment, the report concluded that not only has New York remained low in freedoms, but it is unlikely to rise any time soon. ANHEUSER-BUSCH'S US MARKETING CHIEF TO EXIT AS BUD LIGHT SALES SLUMP DRAGS ON NEW YORK, NY - JANUARY 8: An American flag on the back of a ferry flies over the skyline of midtown Manhattan on January 8, 2022, in New York City. (Photo by Gary Hershorn/Getty Images) "New York has been the least free state in the country for a long time. In fact, the Empire State has been the worst state for freedom in every year since our data set began in 2000. Economic freedom is the most significant weakness and is continuing to get worse absolutely," the analysis read. The state did maintain higher rankings under specific "personal freedoms," ranking ninth in "incarceration," 16th under "cannabis" regulations and 20th in "marriage freedom." However, other personal freedoms such as "gun rights" (#42) and "tobacco" (#49) still ranked low. New York was similarly ranked as the least free state in the country back in 2021 with the report specifically calling out its progressive stances. "Economic freedom is the most significant weakness, but the state has not kept up with the rest of the country on personal freedom either. It belies the ‘blue’ state stereotype in that it is No. 50 on economic freedom and personal freedom," the 2021 report read. AS NEW YORK CITY MOVES OUT FROM PANDEMIC-ERA REGULATIONS, NEW OUTDOOR DINING RULES ARE ON THE WAY New York City came in spot number two for luxury-obsessed area in the U.S., according to a study by Glamira. This file photo shows New York City on Nov. 20, 2021, from Jersey City, New Jersey. (Photo by Gary Hershorn/Getty Images / Getty Images) New Hampshire was once again ranked the freest state, narrowly overtaking Florida, which ranks second. "New Hampshire grabs the top spot overall because it does well in both economic freedom (first) and personal freedom (fourth), something that is also true of number-four state Nevada but is not so much the case with Florida, which does great on economic freedom but is only 22nd on personal freedom," the report read. New Hampshire was once again ranked the freest state in the country. (Fox News / Fox News) CLICK HERE TO GET THE FOX NEWS APP The Cato Institute also offered advice on how New York can improve its rankings. "Spending is high in many categories; cut it across the board. Cut all taxes and pay down debt. Abolish the housing anchor that is rent control. At least free the moving companies that help empty and fill the housing that does exist by getting rid of certificate-of-need laws. Slash cigarette taxes, which are so high as to be almost tantamount to prohibition," the report read. For more Culture, Media, Education, Opinion, and channel coverage, visit foxnews.com/media. Load more.. 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