The great thing about business news is, it’s simply numbers, and the numbers don’t lie. Just released IRS data shows Red States gained $39B in net income in 2023 compared to Blue States losing $43B.
Net Adjusted Gross Income Gains:
Florida: +$20.6 Billion
Texas: +5.3 Billion
South Carolina: +$4.1 Billion
Net Adjusted Gross Income Losses:
California: -$12.9 Billion
New York: -$10.5 Billion
Illinois: $6.1 Billion
Red states are thriving, blue states are dying.
