Or maybe they have low overall taxes and are good states to do business in dodo bird.
No, they have low revenues due to lack of industry/corporate taxes (sales taxes, income taxes, fuel taxes, etc.) and budgetary concerns, therefore, they rely on
government handouts to sustain their spending or crooked political kickbacks. The feds rape profits and the state gets the money back from the feds, so your theory is null and void. It's a farce to think the state won't collect the corporate taxes the are
entitled to. They're gonna get the corporations one way or another, they just choose the fed's route because it's attractive to industry.