New York State is reeling from a COVID-era exodus to low-tax locales as revenue during this fiscal year is down nearly 20%, according to a report.

cross-posted from: https://exploding-heads.com/post/166652

New York has collected 19.5% less in levies while California has seen its state tax revenue fall by a whopping 24.9%, according to data revealed by Bloomberg News.

Meanwhile, Texas reported a 12.2% growth in state tax revenue while Florida has collected 9.9% more in levies so far this fiscal year, according to the data compiled by Urban-Brooking Tax Policy Center.