Red State Migration Drains Billions from Democrat-led States

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Top news right now: Democrat-led states including California and New York lost over 594,000 residents in 2020 to red states like Florida and Texas, resulting in a loss of $53.6 billion in tax revenue. Illinois, Massachusetts, and New Jersey also experienced significant losses. Meanwhile, Florida and Texas saw a surge of new residents, bringing in $68.8 billion in revenue. This mass exodus is a long-standing trend, and the losses are cumulative, leading to a shift in the balance of power with red states gaining more representation in Congress and the Electoral College. The high cost of living and high taxes in blue states are driving residents away in droves, while low-tax red states like Florida and Texas are attracting new residents and businesses. Follow Next News for more breaking news.

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Read More: https://dailycaller.com/2023/05/02/blue-states-lost-billions-revenue-americans-fled-texas-florida/

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