I heard it on the boob tube as I was surfing the channels people move to get away from high income taxes states or counties because they don't want to pay the high taxes. Now this conversation was brought on by a famous golfer who said he would have to re think were he lives (California) perhaps even leaning the US.
Now on this channel that I just happen to stop at was a man and a woman I guess debating if wealthy people leave high income tax states for states that have no income tax. Now the man showed statistics that showed that the rich tend to leave high income states at a rate of less then 1%. The women on the other hand stated that "all" studies show that people leave high income tax states for no income tax states.
You can take that statement that people are leaving high tax states. Now one can say that there are several reasons one leaves a states for another, such as most of the little or no tax states are in the south with a warm climate and most of the high tax states are in the North and with an aging population the retires want to be warm. Another reason people leave states is because of jobs. Energy is big now, so North Dakota and Texas will be gaining population while Alaska population is stagnant, no new oil well.
Now my little peek at my state New York shows that the lower taxed counties are losing population while the higher taxed counties are gaining per the census (Go figure).
Now I can't figure out why there are more super rich in NY and Calf then in Fla and even Texas, after all these folks can move any were.
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