Between 2013 and 2014, Minnesota lost nearly $1 billion in net household income to other states.Of the people moving into MN, most of those came from states with taxes even higher than MN. As we wrote yesterday,
Between 1992 and 2014, Minnesota lost a cumulative net total of $7.6 billion in household income to other states.
With few exceptions, Minnesota loses taxpaying families to lower-tax states.
Most of the taxpayers who leave Minnesota for lower-tax states are in their prime earning years.
Minnesota loses high-earning families at a much higher rate than other states.
The exodus of citizens from Minnesota accelerated after the legislature’s 2013 tax increases.
Don't bother to deny the importance of tax avoidance.