News

Politics

On HALO

1 hour ago

The red states racing ahead in America’s powerful wealth boom — and the states falling behind

Americans, along with billions in taxable income, are flocking to Southern and Sun Belt states, accelerating a population and wealth shift away from several coastal blue-state strongholds, according to new IRS migration data.The shifts are reshaping where economic and political power is concentrated ahead of the 2026 midterms, affecting housing markets, state economies, congressional representation and the balance of power.Texas and Florida led the nation in inbound migration between 2022 and 2023, gaining more than 56,000 residents and 55,000 income tax filers, respectively, according to the...