New IRS Migration Data: NY, CA, & IL Are The Big Losers Of People And Wealth; FL & TX The Big Winners
Illinois, New York and California continued their streak as the nation’s biggest losers of residents and their wealth to other states, according to a Wirepoints analysis of newly-released Internal Revenue Service migration data. Texas and Florida continued to be the nation’s big winners. The latest IRS state-by-state migration data is based on tax returns filed in 2020 and …