$20.4 Billion Migrated Out of Illinois
The Tax Foundation posted a fascinating map earlier this week showing the migration of personal incomes between states – where personal income was subtracted from one state and added to another, along with the movers.
Florida benefited the most—interstate migrants brought a net $67.3 billion dollars in annual income into the state between 2000 and 2010. The next two highest gainers were Arizona ($17.7 billion) and Texas ($17.6 billion).
Illinois, with our high taxes and low employment came in third from worst ($-20.4 billion). New York won the dubious honor of losing the most income ($-45.6 billion). California came in second ($-29.4 billion).