Money Talks -- And Walks

A fundamental principle of economics is that capital will always seek its highest economic return. In the investment world, this can happen pretty quickly. In the physical world it happens a bit slower, but it still happens.

The IRS says that over the last 15 years 9 states with no income tax gained $146 Billion in income from people who moved into those states. The 9 states with the highest state income taxes lost $107 Billion.