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Date Posted: 7:18:59 4/29/23 Sat
Author: Jasper
Subject: Blue states in denial.

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The IRS data shows a net 105,000 people left Illinois in 2021, taking with them some $10.9 billion in AGI. That’s up from $8.5 billion in 2020 and $6 billion in 2019. New York’s income loss increased to $24.5 billion in 2021 from $19.5 billion in 2020 and $9 billion in 2019. California lost $29.1 billion in 2021, more than triple what it did in 2019.

By contrast, the lowest tax states added some $100 billion of income during the pandemic. Zero-income-tax Florida gained $39.2 billion—up from $23.7 billion in 2020 and $17.7 billion in 2019. About $9.8 billion of the total arrived from New York, $3.9 billion from Illinois, $3.7 billion from New Jersey and $3.5 billion from California.

https://www.msn.com/en-us/money/companies/the-blue-state-exodus-accelerates/ar-AA1auRWB?ocid=hpmsn&cvid=d522e7a6523c4ce780d562d2e9c97ca2&ei=77

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