US EditionIllinois Still Losing Taxpayers to Outmigration, New Study Shows
- Andrew Wilford, director at NTUF, released a report this week showing Illinois continues losing taxpayers due to outmigration.
- The report attributes this trend primarily to tax-and-spend policies and tax rates driving residents from high-tax to low-tax states.
- Additional factors influencing migration include family, weather, housing, education, transportation, employment, and cost of living, while remote work boosts movement freedom.
- Wilford noted that Illinois, California, and New York are expected to see a total loss of $10 billion in tax income this year, whereas Florida is anticipated to gain an additional $4.2 billion due to new residents moving in.
- The report warns states that ignore these trends will face population decline and revenue loss, urging tax reforms to retain residents and attract businesses for long-term growth.
22 Articles
22 Articles
Fed up taxpayers ditch CA, IL and NY, while FL, TX continue to grow – Center Square
The report from the National Taxpayers Union Foundation notes that “in the last decade, New York lost $111 billion in net adjusted gross income (AGI), California lost $102 billion, and Illinois lost $63 billion to interstate migration.”
Illinois still losing taxpayers to outmigration, new study shows
SPRINGFIELD, Ill (WTVO) — A new report claims Illinois continues to lose taxpayers and tax revenue to outmigration, while Florida benefits from population growth. According to the report from the National Taxpayers Union Foundation, “California, New York, Illinois, and other states with high tax burdens continue to hemorrhage taxpayers and tax revenue, while Florida remains the undeniable winner from movement of taxpayers and their dollars from …
Newsbug.info
Fed up taxpayers ditch CA, IL, and NY, while FL, TX continue to grow
(The Center Square) – Florida and Texas have gained the most by interstate migration, while California, Illinois, and New York have lost the most, according to a new analysis, with the report’s author saying such shifts are due to tax…
The Center Square
Fed up taxpayers ditch CA, IL and NY, while FL, TX continue to grow
(The Center Square) – Florida and Texas have gained the most by interstate migration, while California, Illinois, and New York have lost the most, according to a new analysis, with
Coverage Details
Bias Distribution
- 50% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
