Tuesday, June 23, 2015

Tired of high taxes? Maybe it's time to move. CNBC data analysis shows outbound flow from high-tax states.

From CNBC.com


"In states with the highest taxes—per person—the number of moving out of the state are greater than the number of people moving in.

Connecticut taxpayers, for example, paid an average of $4,431, according to data from the Federation of Tax Administrators, a group that represent state tax officials. Last year, United Van Lines and Atlas Van Lines, the two largest movers in the U.S., moved 3,212 households out of state and 2,368 moves inbound. That means 55 percent of all moves left the state, for a net outbound flow of 58 percent. Over the last decade, the two companies reported 36,837 moves outbound to 30,426 inbound, for a net outbound flow of 55 percent.


Any guess were are home state Illinois rates?  Click this link to read more. 

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