Based on U-Haul’s 2023 progress index, People flocked to Texas and Florida and that, for the fourth 12 months in a row, the state of California had the most important internet lack of one-way movers. One of many causes behind this transfer could also be resulting from the truth that Florida and Texas are not any revenue tax states. Whereas having no revenue tax appears price pleasant, there are some down sides that People ought to take note earlier than making the large transfer.
Yahoo Finance Reporter Rebecca Chen joins Yahoo Finance to assist in giving perception into the professionals and cons of transferring to no revenue tax states.
For extra skilled perception and the newest market motion, click on right here to observe this full episode of Yahoo Finance Stay.
Editor’s observe: This text was written by Nicholas Jacobino
