If it seems like a lot of people have been moving out of expensive blue states and packing their things for more conservative lands, it’s not your imagination. There has been a steady stream of interstate migration taking place for the last couple of years. But how many people are we really talking about? We’ve typically had to rely on data coming from new car registrations or reports from moving companies. But there’s another figure that probably paints a more accurate picture. You can get a good idea of how many people are in any given state based on that state’s tax revenue and what direction it’s heading in. When tax revenues begin to fall, people are leaving. And the two states that have lost the most combined tax revenue are California and New York. Between them, they lost more than half a billion dollars in revenue. And where did all of that money go? The lion’s share showed up in Florida and Texas. (Daily Mail)Read More
The states losing the most tax revenue because of people fleeing
