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You might also consider one of the no-income-tax states like Texas, Florida or Nevada in case your startup starts to make some money. Moving out of Silicon Val
by elsewhen 17y ago
You might also consider one of the no-income-tax states like Texas, Florida or Nevada in case your startup starts to make some money. Moving out of Silicon Valley (with the top state tax rate over 9%) can be a big money-saver.
- rumpelstiltskin 17y agoTexas doesn't have a state income tax?
- elsewhen 17y agoThe states with no income tax are in red on the following map: http://en.wikipedia.org/wiki/State_income_tax http://en.wikipedia.org/wiki/State_income_tax
- abalashov 17y agoNo, it doesn't. Some are saying it's the new California due to the enormous economic influx it's attracting, and given that its government's fiscal house is comparatively in shape.
- suvike 17y agoAdd Washington to that list as well.
- hachiya 17y agoAnd don't forget New Hampshire and the free state project.