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Title: California and New York lose $640M of tax revenue to migration, as conservative Florida and Texas see coffers boosted by $23.1BN
Source: [None]
URL Source: https://www.dailymail.co.uk/news/ar ... as-coffers-boosted-23-1BN.html
Published: Jul 30, 2023
Author: Staff
Post Date: 2023-07-30 10:51:34 by Horse
Keywords: None
Views: 224
Comments: 3

California and New York have lost a combined $640m in tax revenue due to people moving out-of-state, as conservative Florida and Texas see boosts of $23 billion after an influx of movers.

The two states currently top the table with the largest net negative tax income migration, with The Golden State taking the top spot.

In total, California has seen $343 million leave the state, while New York is just under $300 million.

High earners have now moved away from states like California including the likes of Twitter and Tesla boss Elon Musk, who lives in Austin, Texas.

And Miami is also a celebrity hotspot, with football player Tom Brady and his ex-wife Gisele among famous residents.

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#1. To: Horse (#0)

In total, California has seen $343 million leave the state, while New York is just under $300 million.

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2023-07-30   12:23:37 ET  Reply   Trace   Private Reply  


#2. To: All (#1)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2023-07-30   12:29:09 ET  Reply   Trace   Private Reply  


#3. To: All (#2)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2023-07-30   12:33:00 ET  Reply   Trace   Private Reply  


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