Voting With One's Feet

The Independent Journal Review has an article with an interesting graphic. A map of the U.S. shows 9 states in red that have the highest state income tax rates and the 9 states that have no state income tax. Using IRS data, HowMoneyWalks.com finds the following results for the last 15 years:

The states with the highest income taxes have had a net loss in taxpayer AGI of $107 billion, and the the states with no income tax have had a net gain of $146 billion. In other words, there’s been an exodus from high tax states to those with no taxes. 

AGI is adjusted gross income. This data confirms what we already knew intuitively: people are motivated to achieve legal tax avoidance. Hat tip to Lucianne.com for the link.