How Money Walks @HowMoneyWalks

[Rapunzel]

 How Money Walks @HowMoneyWalks

Tune in to @WilkowMajority @blazetv 7pm EST tonight to hear @pelopidas talk about cutting state income taxes pic.twitter.com/WgMNMS18EE

[Rapunzel]

This is fascinating, wish everyone could hear it.   Texas has gained $22 billion dollars in the last 15 years, FLORIDA $80 billion dollars increase in 15 years.

The biggest net losers has been New Jersey and PA - they didn't use to have a state income tax, when they put on in place they saw a mass migration out of the state...   I'd love to find this segment on youtube if anyone can please post it.

[Rapunzel]

~LOL~ the arrows out of Cook County IL is $25 BILLION dollar loss in net income...

Oklahoma, Kansas and WI are all cutting taxes and starting to benefit.

One state was actually trying to tax snowbirds for leaving in the winter.... lost residents.

[Rapunzel]

http://www.howmoneywalks.com/explore-the-data/

Money Walks maps this great migration of American income and raises important questions about American tax policy and how it profoundly affects growth and development in our country. Why did so much wealth walk? Did people vote with their feet? Did money walk because the opportunity to keep more personal income talked? How does taxing personal income affect economic growth? Which states “won,” which states “lost,” and why?

These questions are explored in How Money Walks through unimpeachable IRS data mapped by state and metropolitan area. And the answers suggest a simple correlation: the key to accumulating working wealth for any state is a pro-growth tax policy, and that means not taxing personal income.

the map is at this link

http://www.howmoneywalks.com/web-app/

population mode

California
Wealth Migration 1995-2010
Lost $31.76 billion in annual AGI*


Arizona
Wealth Migration 1995-2010
Gained $24.48 billion in annual AGI*


Colorado
Wealth Migration 1995-2010
Gained $10.97 billion in annual AGI*


etc...  fascinating stuff