Income flowing out of Wisonsin?

Each year, the Internal Revenue Service (IRS) reports the number of individual tax filers who have moved from one state to another during the year. The IRS data includes the aggregate Adjusted Gross Incomes (AGI) of the people moving into and out of each state. According to the IRS, 30,358 more tax filers moved out of Wisconsin between 1998 and 2008 than moved into the state. The result was net outflow of -$1.5 billion in AGI. What was the net change in AGI attributable to people moving into and out of Minnesota during the same period?

A. +$2.8 billion
B. +$1.1 billion
C. -$0.8 billion
D. -$3.6 billion


D. -$3.6 billion:
Dane County ranks higher than Milwaukee County (66.6 percent), Cook County, Illinois (66.3 percent) and slightly higher than Hennepin County, Minnesota (73.2 percent). Similar information for other areas is available at: http://factfinder.census.gov/home/saff/main.html?_lang=en

For questions, contact Bill Pinkovitz