Saturday, January 13, 2018

Gone to Texas

Lucianne.com links to a Breitbart Texas story of Americans relocating within the U.S. using U-Haul trucks - been there, done that, more than once. Texas was the number one gainer of people in 2017, see which other states have been winners and losers:
Following Texas, the balance of U-Haul’s top five net-gain states are Florida, Arkansas, South Carolina, and Tennessee. Massachusetts, Michigan, Pennsylvania, and Illinois ranked in the bottom five, #46 through #49. California, at #50, had the largest net-loss.

U-Haul determines growth states by calculating the net gain of one-way truck rentals entering a state versus those leaving. The company compiles migration trends data for more than 1.7 million one-way U-Haul truck rentals each year.

Interestingly, U-Haul’s migration trends mirror year-over-year findings from the U.S. Census Bureau.
What most of the gainers had in common was low income taxes and warmer weather. The top two - Texas and Florida - have no personal income tax and number five - Tennessee - taxes only interest and dividends. The bottom five lean toward higher taxes and, all but CA have miserable winters.