Many Northerners are pouring into North Caroliaa and TN and taking their pensions with them...retired city workers..FDNY, ..NYPD...other city workers. Why have your pension taxed 10% or more? ...NY! CT, ..NJ...It’s Foolish!
My brother brought up this pension-to-move situation a decade ago. They were already appearing in Alabama (my home state) at that point. Between lesser taxation on the pensions, there’s usually lower property taxation. I’ll bet between permanent movement and RV-campers, there’s probably 400,000 who’ve moved to Alabama and set-up some type of permanent or long-term stay. All of this simply adds to sales tax revenue, and general profits for small towns throughout the state.
I am surprised that Illinois hasn’t taxed pensions of people leaving the state. Millions take their pensions and move to Florida.