That’s not true. For example, Washington State has no corporate tax: https://taxfoundation.org/data/all/state/state-corporate-inc.... But companies aren’t exactly flocking there. Florida meanwhile is seeing a huge boom, but its corporate taxes are around the middle of the pack. California has always had pretty high marginal tax rates, even back in the 1970s when it was a solid red state. It used that money to do things like make big investments in higher education.
Being hospitable is more about whether the state makes it a pain in the ass to do business.
Being hospitable is more about whether the state makes it a pain in the ass to do business.