State Faces Critical Tax Revenue Loss after Mass Exodus

(StraightNews.org) – California is losing millions in tax dollars as people leave the state in growing numbers. A new study examining people’s departure from the Golden State in 2021 found that the public purse lost $343 million that year. The figure is the largest tax loss, caused by population reduction, for any state in America but is closely followed by New York, which lost $299 million. In third place is Illinois, which in 2021, was down by $141 million.

The US census bureau reveals a significant population decline in all three states as residents vote with their feet and leave Democrat-dominated towns and cities. Los Angeles County lost 90,000 people while California’s overall population fell by more than half a million.

Interestingly, Florida – led by right-wing Presidential candidate Ron DeSantis – has seen a corresponding rise in its population figure and taxation income. The Sunshine State’s coffers grew by $12.4 billion in 2021, with $3.5 billion coming from residents who moved there from California.

State Rep. Chip LaMarca said, “In states like New York, New Jersey, and Massachusetts, families and business owners realized that they can educate their kids in the classroom and bring their business to a place that has sensible regulations in safe neighborhoods.”

In March, Governor DeSantis offered his opinions on why so many people are moving to his state. He said the past few years have been witness to the “great American exodus” of people leaving “states governed by leftist politicians imposing leftist ideology and delivering poor results.”

According to the Los Angeles Times, one-third of Californians who move cross-country to the Sunshine State are over 50, and they move there because of low sales and personal taxes, “cheaper housing and all-around lower cost of living. It has long had appeal to those on fixed incomes because pensions and savings go further there.” The left-leaning paper also points out that young people move to California while older people leave.

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