Read this and weep, all you Illinoisans . . .

Our state is a very big LOSER!

The Prairie State lost a record $4.75 billion in adjusted gross income to other states in the 2015 tax year, according to recently IRS data released. That’s up from $3.4 billion in the prior year. Many of the migrants were retirees who often flock to balmier climes. But millennials accounted for more than a third of the net outflow in tax returns.

While Florida with zero income tax was the top destination for Illinois expatriates, the Illinois Policy Institute notes that Illinois lost income and people on net to all of its neighbors—Wisconsin (6,000 people based on claimed exemptions), Indiana (8,200), Iowa (1,900), Missouri (2,000) and Kentucky (1,100). What’s the matter with Illinois?

Escaping to Wisconsin has new meaning.

via Illinois Drives People Away – WSJ

2 thoughts on “Read this and weep, all you Illinoisans . . .

  1. And in Wis. and Ind., a Republican vote actually counts. Dear neighbors of ours in their early 50’s are spending more and more time at their Wis. get-away. I suspect that they will move there permanently once their last parent dies. They work from home so location doesn’t matter.

    Like

Leave a comment