New York used to be the the richest, biggest, and baddest state in the union. But new stats from the IRS will contribute to New Yorkers' inferiority complex—we've dropped from second to third for millionaires, behind those tofu-eating Californians and aged Jews down in Florida. (The stats are actually based on those making $1.5 million or more, and are from 2004.) But don't get too worried: we'll smugly mention that Florida has no state income tax, so it's sure to host plenty of tax-avoiding New Yorkers. [WSJ]

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