Haul Report Shows Americans Continue to Flee High
Americans for Tax Reform••business
Key Points:
- U-Haul's annual Growth Index reveals a trend of Americans moving from high-tax states to low-tax or no-income-tax states, with Texas, Florida, and Tennessee among the top destinations.
- California ranks last in the index, burdened by the nation's highest top personal income tax rate of 13.3%, contributing to its net loss of residents.
- The top 10 states attracting movers have an average top personal income tax rate of 3.5%, less than half the 7.2% average rate of the bottom 10 states, highlighting a significant tax disparity.
- Nine of the top ten states in the index have Right-to-Work laws that prohibit mandatory union membership, whereas none of the bottom ten states
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