According to new Census data reported in the WSJ …
New York, Illinois, New Jersey, Connecticut and Rhode Island led the country last year in “out-migration” (measured as a share of their population).
The Tax Foundation ranks New York, New Jersey and Rhode Island among the five worst business tax climates.
Connecticut, which raised income, sales and corporate taxes last year to the tune of $1.5 billion, is not far behind.
Illinois also increased income taxes last year by 67% and the corporate rate by 46% and will likely seek to hike taxes again to backfill the state pension fund, which is $83 billion in arrears.
Where are they going?
The Homa Files 