We Gotta Get Out of This Place! Part II

GPS to your Business Success

In this episode, Nick takes a deep dive into the latest state tax proposals and examines their potential impact on both individuals and businesses. With many states introducing new budgets that often include tax hikes, Nick explores strategies for those who feel overburdened by taxes and are considering relocating to more tax-friendly environments. He covers a range of tax issues, including income taxes, 'sin taxes,' and wealth taxes, and highlights real-life examples of interstate migration. Tune in for practical advice and insights on how to navigate state tax policies with confidence and foresight.

Episode Breakdown:

• 03:27 The Tax Burden on States
• 05:36 State Tax Proposals and Their Impacts
• 11:28 Income Tax Changes
• 20:36 Sin Taxes and Sales Taxes
• 21:38 Wealth Taxes and Their Implications

Helpful Links:

Taxes Really do Matter: Look at the States-Arthur Laffer PHD

https://laffercenter.org/taxes-really-do-matter-look-at-the-states/

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