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Isn't it a different situation, though? Often companies move legal jurisdiction to save money on taxes, while leaving their executives, warehouses, assets, etc
by mattzito 11y ago
Isn't it a different situation, though? Often companies move legal jurisdiction to save money on taxes, while leaving their executives, warehouses, assets, etc. in their original locations. In this case you're depriving the original location of the tax base while still consuming the same services.
If you as an individual want to physically move yourself to another jurisdiction to avoid tax liability, that's a different matter. You're then consuming services in the state that has opted not to tax you as heavily, presumably at least partially to draw you and your money to that locale. You would also then live there and spend money, bringing benefits to the local economy.