You might also consider one of the no-income-tax states like Texas, Florida or Nevada in case your startup starts to make some money. Moving out of Silicon Valley (with the top state tax rate over 9%) can be a big money-saver.
No, it doesn't. Some are saying it's the new California due to the enormous economic influx it's attracting, and given that its government's fiscal house is comparatively in shape.
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You might also consider one of the no-income-tax states like Texas, Florida or Nevada in case your startup starts to make some money. Moving out of Silicon Valley (with the top state tax rate over 9%) can be a big money-saver.
And don't forget New Hampshire and the free state project.
Texas doesn't have a state income tax?
The states with no income tax are in red on the following map:
http://en.wikipedia.org/wiki/State_income_tax
No, it doesn't. Some are saying it's the new California due to the enormous economic influx it's attracting, and given that its government's fiscal house is comparatively in shape.
Add Washington to that list as well.