Billions in Taxpayer Income Exit California and New York as New Economic Map Emerges

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Economy

16 July 2026 at 11:17 pm

Billions in Taxpayer Income Exit California and New York as New Economic Map Emerges

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Summary

Billions in taxpayer income are leaving California and New York as IRS data reveal a significant migration of residents and their wealth to other states, particularly the Sun Belt and Mountain West, indicating a new economic map is emerging.

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