“In short, the picture that can be drawn from available official data is inconsistent, though in any case, it is not one of crisis. Nevertheless, migration data often is used – and misused – to push an agenda of tax cuts for very high-income households, the ultrawealthy, and large corporations,” said Kurt Wise, a MassBudget policy analyst.
Migration
Posted inOpinion
What to do about our worrisome outmigration problem
Based on most current government data, outmigration cost the state $4.3 billion in adjusted gross income (AGI) and $213.7 million in lost tax revenue in 2021. That year alone, Florida, New Hampshire, and Maine captured $1.77 billion, $1.1 billion, and $393 million, respectively, of AGI from those exiting Massachusetts.