2 ms·No state income tax. Very business friendly, especially for the Good Ol' Boys club.by 1659447091 2y agoNo state income tax. Very business friendly, especially for the Good Ol' Boys club.kelnos 2y ago> No state income tax. Property taxes are quite high in TX though. Even a conservative government has to fund itself somehow.HWR_14 2y agoYes, but a billionaire has a very small percentage of their net worth in personal real estate.