States With No Income Tax Are Winning Population Fight

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, and June 30, 2023, high-tax states lost net 2.8 million residents to low-tax states. That’s more people than could be seated in all 30 NFL stadiums and 29 NBA arenas combined. Read Full Article »