Tinkerpeach
Member
Business and people are fleeing these blue states in groves.
https://www.foxnews.com/politics/ne...han-any-other-states-due-people-leaving-study
New York and California experienced the largest loss of tax income from migration of any states in the country as residents fled the deep-blue havens in droves, according to a new study that also found that Texas and Florida got the biggest IRS tax benefits from people moving in.
MyEListing.com, an online real estate portal, conducted a study of IRS migration data and found that California lost more than $340 million in 2021 IRS tax revenue due to residents moving.
"Despite its numerous attractions, from the booming tech industry and world-class universities to beautiful landscapes and cultural richness, California's high personal income tax rates seem discouraging for many high-wealth individuals," MyEListing wrote in its analysis. "This, coupled with the state's high cost of living, will likely fuel a wealth migration out of California."
https://www.foxnews.com/politics/ne...han-any-other-states-due-people-leaving-study

