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Billions in taxpayer income are leaving two iconic states — as a new economic map emerges
IRS data reveals the top 10 counties with the largest net losses of taxpayers are in California and New York, with Los Angeles County losing $1.9 billion in income as residents relocate. Economists attribute the migration to factors like taxes, housing costs, and job opportunities, with many moving to states such as Texas, Florida, and Tennessee.
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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
- Millionaires can’t stop leaving lefty New York — and it’s cost the state nearly $11B in tax revenue: study
- Migration and economic data reveals aging, high-taxed New York
- Blue-state tax burden fuels Americans fleeing to Republican-led southern states