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Joe Wallin @joewallin - New Census data just dropped on where Americans moved last year.
The 10 states gaining the most residents have an average top income tax rate of 3.9%. The 10 losing the most? 8.8%.
The winners: South Carolina, Idaho, North Carolina, Tennessee, Montana, Nevada.
The losers: New York, California, Massachusetts, New Jersey, Illinois.
Same pattern. Every single year.
Washington has historically been on the receiving end of this migration. No income tax. Competitive for founders and investors. That’s been the pitch.
Now the legislature wants to add a 9.9% income tax on high earners, strip the federal QSBS exclusion at the state level, and stack that on top of an existing capital gains tax. The combined rate in Seattle would approach 18%.
You don’t get to look at this data and then vote to make Washington more like New York and California. The numbers tell you exactly what happens next. People leave — and they take their companies, their capital, and their tax revenue with them.
The March 12 legislative deadline is approaching. If you’re a Washington founder, investor, or employer, now is the time to make your voice heard.
https://x.com/joewallin/status/2023929125631848662

John DePetro Show @JohnDePetroshow - Mother (Rhonda) killed, son (Aidan) killed in yellow, son in green was on the ice. I spoke with best friend of Aidan, who told me he was math genius, became an engineer, was sitting with his fiancé at the game. Aidan jumped up to try and protect his mom, and was killed by his father.
https://x.com/JohnDePetroshow/status/2023843896606990741

John Rich @johnrich - @mtgreenee Yep, this is the new Democrat psy-op designed to discourage, dishearten, and divide Republicans before the mid-term elections. Don't fall for it.
https://x.com/JeffBrown199490/status/2023769278944878917