Blue states have bled $2 trillion in wealth to red states in the last decade — and New York leads the pack

Source: New York Post

It’s being called the biggest wealth transfer in history. Nearly $2 trillion in economic growth has left blue states and headed for red states in the last decade, according to economic data from the Committee to Unleash Prosperity, a conservative economic group. The group used IRS data from the years 2012 to 2023 to calculate the movement in cumulative income between states, which were classified as red “Trump states” or blue “Harris states” based on which way they voted in the 2024 Presidential Election.