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From the opinion pages of the Wall Street Journal, this is Potomac Watch.

New numbers from the IRS on state income migration show that money continues to flow out

of high-tax jurisdictions, including California, New York, and Illinois, and into low-tax ones,

most prominently Florida. But blue states don't seem to be getting that message,

as Washington Governor Bob Ferguson on Monday

signs a new millionaire's tax into law that critics say is unconstitutional.

Welcome him, Kyle Peterson with the Wall Street Journal.

We're joined today by my colleagues on the journal's opinion pages,

columnist Alicia Finley,

and editorial board member Colin Levy.

On Friday, the Internal Revenue Service released new data on the adjusted gross incomes of tax filers who moved,

including across the country in U-Hauls between 2022 and 2023.

That means there's a lag in the data, but it can still be useful, including shedding

light on migration patterns and how they might have changed after COVID and the pandemic.

Alicia, you've looked at this data.

What is your read about what we can learn from it?

...