How Your State Taxes Differ From Your Neighbor's

Episode 6 of The Tax Policy Podcast drills into the 14 percent effective state tax rate gap between the highest- and lowest-tax US states. Lucas and Luna unpack why a tech worker in California pays roughly twice the state income tax of a peer in Texas, how the 2017 SALT cap reshaped migration patterns, and what a 2025 study from the Tax Foundation reveals about taxpayer mobility. They also discuss the quiet convergence of state corporate tax rates and whether the 2026 midterms could bring another round of rate cuts. Specific numbers: California's 13.3 percent top marginal rate versus Florida's zero, the 9.8 percent average corporate rate, and the 19 states that cut income taxes since 2021. No policy jargon—just the actual trade-offs that matter for your paycheck and your business. #StateTax #IncomeTax #SALTCap #TaxFoundation #TaxPolicy #FiscalPolicy #CaliforniaTax #TexasTax #FloridaTax #CorporateTax #TaxMobility #2026Midterms #TaxCuts #TaxConvergence #Economics #FexingoBusiness #BusinessPodcast #Podcast Keep every episode free: buymeacoffee.com/fexingo