Economic·Fox News·1h agoUnited States

California and New York Lead U.S. in Taxpayer Losses

IRS data shows wealthy residents moving to lower-tax states

Negative1 min read
California and New York Lead U.S. in Taxpayer Losses

AI Summary

IRS data shows California and New York counties lead U.S. in taxpayer losses, with Los Angeles County losing 17,496 filers and $1.9 billion in income, as residents move to low-tax states like Texas and Florida.

Keywords

taxpayer migrationIRS dataCaliforniaNew YorkTexas

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