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How Money Walks: Out of California, Into Texas

NW-Res Wrote: Mar 23, 2013 3:38 PM
Red states that encourage businesses to migrate from blue states best be aware that those companies bring with them liberal voters and any advantages that used to exists as a result of a conservative state become lost. Look what happened to Colorado.
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,...