By Sangamon Sun |
Jul 25, 2024
New data from the Internal Revenue Service shows that in 2022 alone, more than 87,000 Illinoisans, faced with some of the highest taxes in the nation, relocated to other states. This exodus saw nearly $10 billion in income leaving Illinois, significantly impacting the state’s economic landscape. Meanwhile, the City of Chicago has earned the distinction of having the third-highest rate of domestic population loss in the country, underscoring a broader pattern of outmigration.