In response to:

How Money Walks: Out of California, Into Texas

Scrap Iron in Texas Wrote: Mar 23, 2013 2:29 PM
Well, it takes 90 days for bills to be introduced and committees to do their work, and then report back to the full legislature. And the pay for Texas reps is $7000 per year with a $150 per day per diem while in session. Pretty cheap and it works.
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,...