High earners share what happened after moving to states with no or low taxes -- beyond saving tens of thousands of dollars a year

Contributing sentiments towards policy:

55% : In Tampa, he's found a cheaper cost of living, tax savings, and better weather.
54% : Dadayan added that while taxes were anecdotally still not the determining factor, they certainly sweetened the pot.
48% : "However, much you're paying for state income tax versus federal income tax adds up pretty quickly.
47% :"Historically, before COVID, tax was not the determining factor for people to move from one state to another," said Lucy Dadayan, a senior research associate with the Urban-Brookings Tax Policy Center at the Urban Institute.
45% : Taxes are more expensive there."
44% : Some high earners who made moves cited the overall cost of living, including taxes, as a motivator.
36% : That means about 9 cents on every dollar would go toward taxes in California, while 4.5 cents of every dollar would go toward taxes in Arizona.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.