Varies I assume, but if a company moves from CA to FL they get over a 3% income tax cut. And that boosts jobs in Florida, which would mean higher demand for jobs in Florida and less taxes paid by the person as well.
Texas I think has like no corporate income taxes, so they’d get more than 8% cut. Not sure how they make up their taxes though, so they might offset it elsewhere.
People really move to a state based on taxes alone?
Varies I assume, but if a company moves from CA to FL they get over a 3% income tax cut. And that boosts jobs in Florida, which would mean higher demand for jobs in Florida and less taxes paid by the person as well.
Texas I think has like no corporate income taxes, so they’d get more than 8% cut. Not sure how they make up their taxes though, so they might offset it elsewhere.