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Bleeding people: New IRS migration data shows Illinois lost another 100,000 residents and a record amount of wealth in 2020

A Wirepoints analysis of the Internal Revenue Service’s just-released migration data shows Illinois lost, on net, another 101,000 residents to other states in 2020. The state ranked third-worst nationally for net resident losses, both in number of people and per capita.
New York United States Revenue Service Us Census Bureau Internal Revenue Service Internal Revenue

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The Covid bailouts can paper over Illinois' fiscal mess, but they can't hide Illinois' GDP, employment and population failures

It’s amazing what nearly $200 billion in federal COVID aid can do to paper over a state’s crumbling finances. Illinois’ state tax revenues are temporarily at record levels, the unpaid bills backlog has been cut and Illinois even saw its credit rating saved from the precipice of junk. Comptroller Susana Mendoza recently called the state’s changed circumstances an “absolutely remarkable turnaround.”
New York United States West Virginia Susana Mendoza Us Bureau Of Economic Analysis Us Bureau Of Labor Statistics

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