• LifeInMultipleChoice@lemmy.world
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    11 days ago

    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.