New York, California and other high-taxed states losing billions of dollars while Florida and others prosper from mass migration: IRS

Florida gained $20.6 billion in annual adjusted gross income from filers who moved there between 2022 and 2023, but states with the highest taxes like New York and California continued to lose billions of dollars — even after the pandemic, according to newly released Internal Revenue Service data.

Opens the original publisher in a new tab. Full articles belong to their publishers; a subscription may be required.