You do not need to pay income taxes on your income, which means you can keep more of your money and use the savings to invest the money.
The perception is that the less income tax you pay, the more you can save. That is true in that assumption.
With less income tax, you will have less revenue to invest into education and infrastructure.
Living in a no income tax state is all about your finances. There are a couple of factors that can affect your decisions.