“States that don’t have income tax continue to win companies.”
Sales tax, business tax, corporate tax
With a few exceptions, all businesses that sell goods or services must pay the state business tax.
Tennessee does not have an individual income tax. Tennessee has a flat 6.50 percent corporate income tax rate and levies a gross receipts tax.
I wonder if Oracle is one of those few exceptions. Tennessee is growing, importing liberals from all over. They’ll fyuck it up real good in a few decades.