Blue-State Tax Flight: IRS Data Show Billions Leaving California and New York

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Source: Fox News
Blue-State Tax Flight: IRS Data Show Billions Leaving California and New York
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TL;DR Summary

IRS data show California and New York counties posted the largest net losses of taxpayers moving to other states, with Los Angeles County alone losing about $1.9 billion in income, while counties such as Maricopa (AZ) and Harris (TX) gained filers, illustrating a broader shift from high-tax coastal states to lower-tax destinations like Texas, Florida and Tennessee and raising questions about future tax revenue for schools, safety and infrastructure.

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