Tax Foundation: Facts & Figures 2026—How Does Your State Compare?

In this presentation, attorney and CPA Chad D. Cummings breaks down the Tax Foundation’s 2026 State Tax Competitiveness Index, which ranks Florida #5 and Texas #7—while New York sits dead last at #50, New Jersey at #49, and California at #48. The data shows a clear and widening divide: low-tax states are creating far more favorable environments for businesses and individuals, while high-tax states continue to impose significantly higher burdens. Chad explains how these rankings translate into real dollars for business owners, especially those operating pass-through entities, and why simply moving personally while leaving your company behind is no longer enough. He details why redomestication is the most efficient and tax-efficient solution—allowing you to move your existing LLC, corporation, or partnership to a top-tier low-tax state without dissolving the company, without forming a new entity, without losing your FEIN, and without triggering federal taxes. If you’re a business owner tired of operating in one of the worst tax environments in the country, this presentation gives you the data and the clear path forward. Learn more: https://www.cummings.law/redomestication/