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The expert added that New York and California host the most S&P 500 Headquarters.
This concentration of major corporations in high-tax states could possibly lead to broader economic impacts.
Florida: Federal Tax Impact
States without income tax might not be immune to changes.
States that are reliant on fossil fuel industries could seesome economic shiftsunder a Harris administration.
Wyoming produces 41% of U.S. coal production, he shared.
The interplay between tax policy,economic growth and income distributionis complex and multifaceted.
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