Report: Illinois lost $310 billion in income to outmigration since 2000

By Cole Lauterbach:

When people leave the state, they take their paychecks with them and since 2000, Illinois has lost hundreds of billions of dollars in spending power as a result.

An analysis of Internal Revenue Service Data from 2000 to 2016 by financial website Wirepoints found Illinoisans leaving the state have accumulated $310 billion in adjusted gross income, or AGI.

“For comparison, Florida, the nation’s biggest winner, gained nearly $1 trillion in AGI. Texas, the number two winner, gained $250 billion. What Illinois lost, Texas gained,” the report said.


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