Episode 24

full
Published on:

5th Mar 2025

We Gotta Get Out of This Place! Part II

In this episode, Nick takes a deep dive into the latest state tax proposals and examines their potential impact on both individuals and businesses. With many states introducing new budgets that often include tax hikes, Nick explores strategies for those who feel overburdened by taxes and are considering relocating to more tax-friendly environments. He covers a range of tax issues, including income taxes, 'sin taxes,' and wealth taxes, and highlights real-life examples of interstate migration. Tune in for practical advice and insights on how to navigate state tax policies with confidence and foresight.

Episode Breakdown:

  • 03:27 The Tax Burden on States
  • 05:36 State Tax Proposals and Their Impacts
  • 11:28 Income Tax Changes
  • 20:36 Sin Taxes and Sales Taxes
  • 21:38 Wealth Taxes and Their Implications

Helpful Links:

Taxes Really do Matter: Look at the States-Arthur Laffer PHD

https://laffercenter.org/taxes-really-do-matter-look-at-the-states/

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About the Podcast

GPS to your Business Success
Welcome to GPS to Your Business Success! I’m Nicholas Papakyrikos, and in each episode, I dive into the world of tax savings and practical tips to help your money grow. Whether you're a business owner looking to maximize your savings or just curious about smarter financial moves, this podcast is for you.

Each week, I'll share insights and actionable advice that you can implement right away. From tax tips to effective money management, we’ll cover it all in a straightforward and engaging way.

Connect with us on social media for updates, additional tips, and to join the conversation. Find us on Facebook, Twitter, LinkedIn, and Instagram.
I can’t wait to help guide you towards business success!

About your host

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Nicholas Papakyrikos