BUSINESSFOX NEWS
Billions in taxpayer income are leaving two iconic states — as a new economic map emerges
California and New York counties are experiencing significant net losses of taxpayers and income, with Los Angeles County losing 17,496 tax filers and $1.9 billion in income. Migration trends show Americans relocating to low-tax states like Texas, Florida, and Tennessee, driven by affordability, taxes, and job opportunities.
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Adjacent reporting
- Billions in taxpayer income are leaving two iconic states — as a new economic map emerges
- America's top destination for new taxpayers is quietly getting poorer, IRS data reveals
- America's top destination for new taxpayers is quietly getting poorer, IRS data reveals
- Migration and economic data reveals aging, high-taxed New York
- Millionaires can’t stop leaving lefty New York — and it’s cost the state nearly $11B in tax revenue: study
- Blue-state tax burden fuels Americans fleeing to Republican-led southern states