Out­mi­gra­tion cost Cal­i­for­nia $24B in depart­ed incomes as poor­er peo­ple move in

(The Cen­ter Square) – Out­mi­gra­tion to oth­er states cost Cal­i­for­nia $24 bil­lion in out­go­ing per­son­al incomes across 2021 and 2022, accord­ing to new IRS data. Depart­ing Cal­i­for­ni­ans were sig­nif­i­cant­ly wealth­i­er and more like­ly to have chil­dren or spous­es than incom­ing Amer­i­cans, sug­gest­ing wealthy fam­i­lies are leav­ing the state as poor­er indi­vid­u­als come to seek their Cal­i­for­nia dream.
Cal­i­for­nia lost a net 144,203 tax fil­ers in the two years, rep­re­sent­ing $24 bil­lion in lost per­son­al adjust­ed gross income for …