There is no question that states that do not have an income tax are becoming more and more attractive to people and companies. It usually is noted in the press when a multimillionaire professional athlete moves to a no-income-tax state. It’s been going on for years.
Of interest of late is that the new owners of the Sacramento (Calif.) Kings will move the NBA team to Seattle because Washington is a no-income-tax entity. The tax savings will be substantial.
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