Americans Are Moving: IRS Data Shows Which States Gain the Most Wealth

Why are Americans moving from states like California, New York, and Illinois to states such as Florida, Texas, North Carolina, and South Carolina? New IRS migration data reveals where taxpayers are shifting across the country. In this episode of Center Square Daily, host Greg Bishop speaks with Tax Foundation Senior Policy Analyst Abir Mandal about the latest IRS data showing which states are gaining residents, income, and economic momentum—and which states are losing taxpayers and billions in wealth. Discover: • The top states gaining population and income • Why Florida gained more than $20 billion in Adjusted Gross Income • How California, New York, and Illinois lost billions • The role taxes, cost of living, jobs, and regulations play in migration decisions • How taxpayer migration impacts housing, schools, infrastructure, and state budgets • Why some states are attracting high-income earners while others struggle to keep them If you're interested in taxes, public policy, economic trends, population shifts, state rankings, and the future of America's economy, this interview provides valuable insights into one of the biggest demographic stories shaping the nation. #IRS #Taxes #Migration #Florida #Texas #California #NewYork #TaxFoundation #Economy #StateTaxes #Taxpayer #MovingTrends #PopulationShift #PublicPolicy #CenterSquare