糖心Vlog

糖心Vlog

Share this post on

State Taxes and Their Impact on U.S. Interstate Migration Trends

  • State taxes significantly influence population movements between states
  • States with competitive tax codes see positive net migration
  • Top 10 competitive states gained an average of 147,900 residents from 2021 to 2023
  • Bottom 10 states lost an average of 213,000 residents in the same period
  • Florida, Texas, and Tennessee saw the largest gains
  • California, New York, and New Jersey experienced the highest losses
  • Multistate Tax Commission guidance on internet business taxes appealed to the Supreme Court
  • Guidance causes confusion about tax obligations for online activities
  • Fines and fees generate significant revenue but many remain unpaid
  • Unpaid legal debts in the US exceed 27 billion dollars
  • Fines and fees disproportionately affect underserved communities
  • Louisiana has implemented a flat tax system
  • Updates on state tax issues from Alabama, California, Illinois, Iowa, Michigan, North Carolina, Utah
  • Historical note on Teddy Roosevelt’s influence on income and estate taxes in 1907

Source:

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

Advertisements: