Fla. collects migration income


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  • | 7:59 a.m. September 3, 2013
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Floridians might want to send a juicy box of oranges up north and to several Midwest states in a friendly show of gratitude.

That's because onetime — and now former — residents of New York, New Jersey, Illinois and Ohio, in addition to 37 other states, put Florida on top of a key economic indicator: The state is No. 1 in the country, according to the Tax Foundation, in gaining interstate movement annual income over the last decade.

In real terms that means Florida added $67.3 billion in annual taxable income from people who moved to the state from other states from 2000 to 2010, the foundation report shows. That total trounced the next two highest-gaining states on the list, Arizona at $17.7 billion, and Texas at $17.6 billion. New York lost the most income to other states over the decade, according to the foundation, with a drop of $45.6 billion. California, at -$29.4 billion, had the second biggest loss, followed by Illinois, at -$20.4 billion.

 

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