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This site is the inspiration of a former reporter/photographer for one of New England's largest daily newspapers and for various magazines. The intent is to direct readers to interesting political articles, and we urge you to visit the source sites. Any comments may be noted on site or directed to KarisChaf at gmail.

Friday, May 2, 2014

Where taxpayers are fleeing and where they're headed to -- By Michael Barone, The Washington Examiner

How To Move aka How To Deduct Moving From Your TaxesThe Internal Revenue Service's latest data on the migration of taxpayers from one state to another has been released for the years 2010 and 2011. Back in 2012 the IRS announced it was discontinuing this series, but after protests from, among others, the Washington Examiner editorial page, reversed itself and promised to continue the data series.

The 2010-11 data shows that, as in the past, there is a large migration away from high-tax states to low-tax states. The biggest gainers were the two megastates with no state income tax: the net gain in taxpayer income from migration was $4.9 billion in Florida and $2.4 billion in Texas. The biggest losers were high-income-tax states: New York (-$3.3 billion), Illinois (-$2.0 billion), New Jersey (-$1.7 billion) and California (-$1.0 billion). That amounts to a net transfer of more than $7 billion to those first two states from the latter four.

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