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My column this week:

"Texas’ reliance on federal aid places additional strain on national budgets and gives corporate and wealthy individual migration to the state an air of market distortion. With 38.2% of its revenue coming from federal coffers, and a large chunk of federal revenue coming from the federal income tax, there is some degree of cost-shifting inherent in each corporation’s tax-motivated move to Texas."

@law

news.bloombergtax.com/tax-insi

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