More Americans migrated to lower-tax, predominantly Republican-led states in 2022, with Texas and Florida seeing the biggest population growth last year.
Rep. Anna Paulina Luna, R-Fla., explains why taxation is theft and discusses the White House threatening to veto a bill that would cut billions of dollars from the IRS on 'Kennedy.'A growing number of Americans migrated from predominantly blue states withlike California and New York to red states with lower taxes like Florida and Texas last year, according to a Bank of America analyst note that is based on findings from U.S. Census Bureau data and U-Haul rates.
The South, which has states with some of the lowest individual income taxes in the country, was the fastest-growing region. Its population increased far faster than the national average, jumping by about 1.1% – or roughly 1.4 million people last year – a phenomenon described as the "Sun Belt migration." The region also benefited from about 870,000 Americans who left other parts of the country for warmer climates and lower taxes.
U-Haul moving vans in Fort Collins on Feb. 19, 2014. U-Haul is an American equipment rental company founded in 1945. People can rent trucks among other things and move their belongings.
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