California Lost More Than $300 Million in Tax Revenue From Wealthy Residents Moving: Study

Jul 31st 2023 4:48pm EDT

For the third straight year, the state of California has experienced a decline in population, according to U.S. Census Bureau data, and many of those packing up and heading east are some of the state’s wealthiest. A study of IRS Migration Data by an online real estate portal found that no state experienced a larger loss […]

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