Reaction Video With Accounting Podcast Regarding State Tax On Capital Gains
Channel: BadranTax
Date: 2024-04-06

#duet with @theaccountingpodcast: "Jeff Bezos saves almost $300 Million by moving to Miami" ~ Some states in the United States do not charge tax on capital gains because they do not have a state income tax.  This includes states like Florida, Nevada, Texas, Alaska, just to name a few.  The absence of state income tax is often attributed to factors such as a reliance on other sources of revenue, a desire to attract businesses, and high-income individuals, or a commitment to low-tax policies.
#taxtok #taxes #incometax #statetaxes #capitalgains #theaccountingpodcast #blakeoliver #badrantax #taxtips