"Three of the top four states attracting movers have no personal income tax: Texas, Florida, and Tennessee.
California is ranked dead last in the index and imposes the highest top personal income tax rate in the nation at 13.3%."
pull down to refresh
The strongest finding in domestic migration research is that people hate taxes.
But progressives assure me that raising taxes won't make people flee
To be to them, something like 97% won’t. But, on the margin, people flee taxes.
And the ones leaving are the ones who already pay the most taxes.
They’re the ones who feel the pinch the most. That’s not necessarily the uber-wealthy.