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How Money Walks: Out of California, Into Texas

GustaveMolinari Wrote: Mar 23, 2013 10:08 AM
If we would just disband this joke of a Union - then states like Georgia and Texas could have tight immigration control and keep Jacobins out. Make them live in their own shiite piles.
Pistol Wrote: Mar 23, 2013 10:33 AM
Come to think of it guys, states have a certain amount of wiggle room in making it tougher for low lifes to leave states they've ruined and enter the more financially sound states. It would not be easy to separate the wheat from the chaff. Most of the "ruiners" are retired, and they bring money. A real estate luxury tax which impacts heavily on 1 or 2 bedroom beach condominiums, alleviated by a high homestead exemption for families with children might do it. The yankee snowbirds already pay such high real estate taxes it probably wouldn't keep them out.
In the United States today, interstate migration is becoming a more and more prominent topic. A new book called How Money Walks has used IRS data to put hard numbers to which states are losing and which states are gaining wealth due to interstate migration.

Most of it won't surprise you: the northeast and the rust belt states, along with California, are losing residents at incredibly high rates. Most of the south and southwest is gaining. Texas, Florida, Arizona, and Colorado lead the way in total wealth gained due to migration. Some are surprising, though: Washington State,...