America's top destination for new taxpayers is quietly getting poorer, IRS data reveals
Although the most densely populated borough attracted more tax filers than any county in the nation, the loss of higher-income households produced one of the country's largest declines in adjusted gross income. They're going to Florida — places with low or no income taxes and low overall levels of taxation." Amanda Macias covers the intersection of business, economics and politics, with a focus on how policy decisions shape markets, businesses and American workers. You understand that you can opt-out at any time.
- ▪Although the most densely populated borough attracted more tax filers than any county in the nation, the loss of higher-income households produced one of the country's largest declines in adjusted gross income.
- ▪They're going to Florida — places with low or no income taxes and low overall levels of taxation." Amanda Macias covers the intersection of business, economics and politics, with a focus on how policy decisions shape markets, businesses and
- ▪You understand that you can opt-out at any time.
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Economy America's top destination for new taxpayers is quietly getting poorer, IRS data reveals Latest data shows high earners fleeing New York for red states take far more wealth with them than arriving residents bring By Amanda Macias Fox News Published July 10, 2026 7:00am EDT Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video Why billionaires, CEOs and manufacturers keep choosing Texas as America’s business capital Gabriela von zur Muehlen, chief policy officer at the Texas Association of Business, says Texas’ low costs and strong supply chains help attract billionaires, CEOs and manufacturers. NEWYou can now listen to Fox News articles! Wealthy Americans are continuing to flee high-tax states — and New York City is paying the price.
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