5 States Quietly Adding an Exit Tax on Homeowners (and Six More Are Following)
Five states [New Jersey, Massachusetts, New York, California and Washington] have quietly built what amounts to an exit tax on homeowners trying to leave — and six more states [Michigan, Connecticut, Minnesota, Maryland, Oregon and Illinois] are drafting their version right now.
New Jersey has been running this play for 22 years. Massachusetts pulled in $5.7 billion in three years. Washington just signed its first state income tax since 1932 — and it follows former residents across state lines.
California’s Billionaire Tax Act has a retroactive trigger date that’s already behind us. And New York is pushing an estate tax change that would cut the homeowner exemption by nearly 90%.
Note: The Need To Know News does not endorse any investments or tax plans, but reports the news. Please do your own due diligence and consult with your own financial experts.
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https://www.youtube.com/watch?v=EhGVpBIwxMQ
https://moneywise.com/news/top-stories/exit-tax-rules-states-that-tax-you-after-moving
https://needtoknow.news/2026/09/5-states-quietly-adding-an-exit-tax-on-homeowners-and-six-more-are-following/