via thepostmillennial:
According to an analysis of data from the Internal Revenue Service by The Oregonian from income tax returns filed in 2020 and 2021, Multnomah County lost a net 14,257 tax filers and their dependents, many of whom were high earners who could do jobs remotely, resulting in a net income loss of over $1 billion.
The outlet reported that the average income of those who left in 2020, the most recent year available, was 14 percent higher than those who moved the previous year, yet the average income of those who remained in or moved to the county declined during the same time frame.
The golden geese are deciding to leave before they can be gutted.
Previously: The Five States Sending the Most High Earners to Florida All Have This One Thing in Common.
California lost more than $300 million in tax revenue from wealthy residents moving: study
h/t Stephen Green