Tag Archive for: net loss
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Massachusetts is Losing Thousands of Taxpayers a Year. Where Are They Going?
Massachusetts is facing a net loss of taxpayers and AGI. Learn about where these taxpayers are migrating to, and potential reasons for that migration.
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Study: Net Out-Migration of Wealth from Massachusetts Nearly Quintupled from 2012-2021
IRS data reveals that net out-migration from Massachusetts is accelerating rapidly and is greatest among affluent residents who pay the most in state taxes, according to a Pioneer Institute analysis. Between 2019 and 2021, Massachusetts rose from ninth to fourth among all states in net out-migration of wealth, behind only California, New York, and Illinois.