Businesses moving from Calif to Texas
Posted by taxguru on August 3, 2012
One of the business and tax strategies I have long helped clients with is shifting all or part of their business income and operations out of the PRC, usually to close-by tax free states, such as Washington, Nevada or Texas. This trend is going to continue to grow, as the morons in Sacramento continue the drive towards bankruptcy.
Here is a great video from Bill Whittle on why smart Calif businesses with a desire to continue in existence are moving out of the state. An immediate free nine percent increase in pay for all of the employees, who won’t have to pay Jerry Brown any more income taxes, is just one of the many benefits.
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