What we are witnessing across the United States is not just people relocating. It is the migration of income itself, and the numbers now confirm the scale. According to the latest IRS data, California lost $11.9 billion in adjusted gross income in a single year, while New York lost $9.9 billion. At the same time, Florida gained $20.6 billion, Texas gained $5.5 billion, and states like South Carolina and North Carolina each gained roughly $4 billion. This is not theoretical. This is measurable capital movement, and it is accelerating.
The critical point is that the IRS is not tracking opinions or surveys. It is tracking tax returns. These…
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