Migration data shows a sustained net outflow...

Editor's note: ...of high-income taxpayers (according to the IRS) from Democrat-led "blue states", with California leading the way (see California's $91 Billion Warning), into lower-tax states such as Florida and Texas. The pattern is consistent: higher tax burdens, elevated cost of living, and heavy regulation correlate with capital and population flight. As top earners leave, states lose disproportionate tax revenue, tightening budgets while spending commitments remain high. The result is a structural squeeze, shrinking tax bases, persistent deficits, and declining economic competitiveness, that reinforces further outmigration. The data points to a clear trend: policy environments in these states are pushing wealth and productivity elsewhere.

New York Gov Kathy Hochul is begging wealthy people who have moved to Florida and Texas to come back to New York and pay taxes. 🤣

"I need people who are high net worth to support the generous social programs that we want to have in our state. Now, there are some patriotic… pic.twitter.com/B4ql1ktcq6

— Based Jessica (@RealJessica) March 18, 2026