The IRS has released interstate taxpayer-migration data for 2013. The news isn’t good for New Mexico.
Washington’s revenue bureaucracy tallies the movement of tax filers, as well as number of exemptions claimed on each return. As the Tax Foundation explains on its migration calculator, the “number of exemptions … corresponds with the number of people the return is for; for example, a return for a married couple with two children would have four exemptions. Therefore, this number is closely correlated with the movement of individual persons.”
In 2013, there were 55,316 exemptions “arriving” in New Mexico. The outflow number stood at 63,739.
Evidently, fabulous weather, friendly people, and fantastic scenery can’t compensate for lousy public policy.
One Reply to “In 2013, the Exodus Continued”
Does this not vouch for replacing the Income tax with a consumer fair tax?