Why Are People Leaving New York and New Jersey?

People are leaving New York and New Jersey in large numbers. Over the past ten years, nearly 2 million people have moved away from New York, and 500, 000 have left New Jersey. This is a big deal because it means these states are losing a lot of money. The people who leave take their income with them, and that income is gone for good. The total loss for New York is over $500 billion, and for New Jersey, it's $170 billion. That's a lot of money that could have been spent in these states. The people who move often go to places with lower taxes, like Texas and Florida. This means New York and New Jersey are not only losing people but also losing tax money.Why are people leaving? High taxes are a big reason. But it's not just about money. Crime and other quality-of-life issues are also pushing people away. Big governments often mean higher taxes and more problems. This is why so many different kinds of people are leaving, not just the rich. Because of this exodus, New York is likely to lose four House seats after the 2030 Census, and New Jersey will lose two. This shows that the problem is widespread and affecting many people. One expert says, \"People in New York and New Jersey aren't moving up; they're moving out. \" If taxes go up even more, this trend could get worse. It's a big problem that needs to be addressed.