What do you want to bet that state's retail sales take a nose dive while sales in neighboring states go up?
I think you are full of bull as usual.
The economy of Texas is a dominant force in the economy of the United States. One of the largest growing economies in the nation, Texas is, as of 2006, home to six of the top 50 companies on the Fortune 500 list and 56 overall, more than any other state. Texas has an economy that is the second largest in the nation and the 15th largest in the world based on GDP (PPP) figures. As the largest exporter of goods in the United States, Texas currently grosses more than 100 billion dollars a year in trade with other nations.
And one of the MAIN reasons for that is that Texas is one of the eight states of the United States with no state income tax. In addition, Texas does not allow cities to impose income taxes above and beyond the federal level. This means that for the residents of Texas the maximum rate of income taxation cannot exceed 35.0%, all of which goes to the national government.
Texas has a retail sales tax.
Wyoming, Florida and Texas (as well as several other states) have already been doing this for years. They abolished the state income tax in those states and they now use a sales tax instead. Their retail sales are just fine. Its easier for people to buy things when they have more money in their paycheck.