Turns out that it’s easy to make people move out of your state: Just raise taxes. Recently, residents of high-tax states such as California, New York, Illinois, and New Jersey have been on the move. Specifically, they’ve been flocking to low-tax destinations such as Florida, Texas, North Carolina, Arizona, and Tennessee. Between April 1, 2020, …
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Turns out that it’s easy to make people move out of your state: Just raise taxes.
Recently, residents of high-tax states such as California, New York, Illinois, and New Jersey have been on the move. Specifically, they’ve been flocking to low-tax destinations such as Florida, Texas, North Carolina, Arizona, and Tennessee.