Do income tax rates cause people to move out of state? Youngkin says yes, new study says no.

Do income tax rates cause people to move out of state? Youngkin says yes, new study says no.

A new study by The Commonwealth Institute has found that there is no clear connection between the income tax rate and whether Virginians stay in the state or move elsewhere.  Republican Gov. Glenn Youngkin campaigned in 2021 on a promise of cutting taxes — which has long been a Republican platform. The governor has twice pitched income tax cuts during his term, first in 2022 and then again in 2023, amid a discussion about people moving out of Vi…