![]() Taxpayers giving up on the Prairie State and the Empire State made about $35,000 more per year than new arrivals. But who is migrating is equally important, and the data paint a bleak picture for these states. That people are migrating from these states is important. ![]() California, meanwhile, saw its AGI loss ($29 billion) more than triple since 2019. For New York it was $24.5 billion, an increase of more than 150 percent from 2019. A recent Wall Street Journal analysis found that more than 100,000 people left Illinois in 2021, taking with them some $11 billion in AGI, nearly double its 2019 total. New IRS data, however, show the speed with which blue states are losing taxpayers-and their adjusted gross income (AGI)-is increasing. A few years before that, a headline in The Hill touched on “the great exodus out of America's blue cities.” In 2021 Forbes wrote about “ leftugees” fleeing blue states for red ones. It’s no secret that Griffin’s exit is part of a much larger migration taking place across America.ĭata show that several populous blue states-California, New York, and Illinois among them-have been losing population and companies for years. The Windy City was out of control, he told Bloomberg, something that dawned on him after a colleague made a coffee run and was robbed by a thief who put “a gun to his head.” ![]() ![]() Last September, billionaire Ken Griffin announced he was pulling up stakes and moving Citadel-his gigantic hedge fund-from Chicago to Miami. ![]()
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