Millions of Americans each year vote with their feet and their money by moving. Yesterday we highlighted which states had the biggest population gains and losses due to interstate movers.
Now we look at the biggest winners and losers based on income gains and loss
es from these migration patterns. You can check on every state by visiting our website VoteWithYourFeet.net.
The big winner has been Florida, where net income has soared by 50% thanks to interstate migration over the past decade. No wonder they don’t need an income tax.
Idaho and Nevada (another no income tax state) have also prospered from people moving in.
The big losers: New York, Illinois, Alaska, New Jersey and California. All very high tax states except for cold and remote Alaska. California’s solution to all the money leaving is to impose a wealth tax on its citizens. Brilliant.

