What it is:
Reduce tax by relocating to a lower-tax state
Who it applies to:
High earners ($500K+ especially)
How to execute:
Move from high-tax states (CA, NY)
Establish residency in low-tax states (TX, FL)
Shift economic activity and ties
Key compliance points:
Must prove genuine residency change
Risk:
Improper relocation can result in dual-state taxation.