For Low Taxes, It All Depends on the Business
In fact, Texas taxes look great to some companies and terrible to others. Capital-intensive operations with lots of buildings, machinery and hard assets? Not so wonderful. Corporate headquarters? Paradise.
.. “There are different kinds of businesses,” Mr. Craymer said. “If you’re capital-intensive, it’s a high-tax state. If you’re in a service business, it’s relatively low tax.”