How Money Walks How $2 Trillion Moved Between the States, and Why It Matters |
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Author:
| Brown, Travis H. |
Foreword by:
| Laffer, Arthur |
Introduction by:
| Calhoun, Joseph Murdock, Deroy Tamny, John Del Beccaro, Thomas Innis, Niger Sinquefield, Rex Sperandeo, Victor |
ISBN: | 978-0-9887401-0-5 |
Publication Date: | Jan 2013 |
Publisher: | Pelopidas, LLC
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Book Format: | Paperback |
List Price: | USD $14.99 |
Book Description:
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Between 1995 and 2010, millions of Americans moved between the states, taking with them over $2 trillion in adjusted gross incomes. Two trillion dollars is equivalent to the GDP of California, the ninth largest in the world. It’s a lot of money. Some states, like Florida, saw tremendous gains ($86.4 billion), while others, like New York, experienced massive losses ($58.6 billion). People moved, and they took their working wealth with them. The question is, why? Why did Americans...
More DescriptionBetween 1995 and 2010, millions of Americans moved between the states, taking with them over $2 trillion in adjusted gross incomes. Two trillion dollars is equivalent to the GDP of California, the ninth largest in the world. It’s a lot of money. Some states, like Florida, saw tremendous gains ($86.4 billion), while others, like New York, experienced massive losses ($58.6 billion). People moved, and they took their working wealth with them. The question is, why? Why did Americans move so much of their income from state to state? Which states benefitted and which states suffered? And why does it matter?
Using official statistics from the IRS, How Money Walks explores the hows, whys, and impact of this massive movement of American working wealth.