IRS: Too many of you are fleeing high-tax states

The pandemic brought with it a great deal of changes. In many cases, this included changes in scenery. Newly released IRS data shows that in the first year of the pandemic, taxpayers fled high-tax states like New York and California for low-tax states like Florida and Texas at an even faster rate than before.

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The IRS annually releases data on what states taxpayers moved to and from. This data is delayed a few years, so the most recent release describes where taxpayers moved to over the course of the first year of the pandemic, in 2020.

It’s not a new phenomenon that New York and California have been hemorrhaging taxpayers. The previous set of data, describing taxpayers’ moves in 2019, found that these two states combined to lose over 248,000 households and $37 billion in adjusted gross income (AGI) on net (moves out after subtracting moves in).

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