Tax Migration: The Hidden Reason People Move
17 Dec 2025 · 1 min
0:31
In this excerpt, Mike Milligan argues that tax considerations are a major, yet often under‑acknowledged, driver of internal migration in the United States. He cites common patterns such as retirees leaving high‑tax states like Illinois and New York for Florida, and Californians moving to Nevada, emphasizing that many people relocate to capture 6‑7% state income‑tax savings while also enjoying favorable weather. Milligan also notes that business owners are increasingly aware of Puerto Rico’s tax incentive programs, viewing them as attractive opportunities for relocation. The overall message is that tax differentials, both for individuals and businesses, are a hidden but powerful reason people move.
