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Texas, Florida Gain Billions as California Loses 100k Filers

5/22/2026

42 9 Full Breakdown

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Story summary
  • IRS data show that between 2022 and 2023 Texas and Florida each added over 56,000 residents and 55,000 tax filers, generating $20.6 billion and $5.5 billion in taxable income.
  • South Carolina recorded the nation’s highest relative population gain, with more than 29,000 new households and $4.1 billion in taxable income, a 1.12 % rise.
  • California suffered the largest outbound migration, losing over 100,000 tax filers and nearly $12 billion in taxable income.