Differences among states are driving businesses to pack up for better climes. Nearly 150 publicly traded companies moved their headquarters across state lines in 2022, the highest rate in the past six years. Top destinations were Florida, Texas, Arizona and Utah.

The most-fled states include New York and California, plus the lower-tax outlier of Washington state, which still lacks an income tax but has imposed a 7% tax rate on capital gains that may soon get a hearing in the U.S. Supreme Court as unconstitutional. …

Business owners on the costly coasts are unlikely to get much relief soon, but competition may help restrain some states from pushing taxes even higher. If not, at least CEOs and corporate boards have a handy list of new potential home bases to check out.