Nebraska Is Big Loser From Tax Migration
June 24, 2022 4:19AM CDT
(KFOR NEWS June 24, 2022) Ever hear of “tax migration”? It’s when people move from one state to another based upon the amount of taxes they have to pay.
Using taxpayer migration data released by the Internal Revenue Service, the Nebraska taxpayer watchdog group, Platte Institute, found between 2019 and 2020, 800,000 Americans left one state for another. The problem is they aren’t coming to here. Nebraska endured one of the nation’s largest migration-caused losses of income during that year, resulting in net lost annual income due to outmigration of nearly $500 million.
Learn more on “tax migration” from the Platte Institute.
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