How to create in Photoshop reversed colors effect?

Question

Is it possible to achieve effect like this?

I know how to do it static way, but I would like to have it like this when I move the layer with text or rectangle also

Answer 1

This kind of works.

1. Create your box, colored text, and a copy of the text with the same color as the background

2. Place color text at the bottom, and make the background color (white) text clipped to the box. Your Layers panel will look like this.

3. Select both text layers and move them at the same time.

Demo

Moving just the box will work as well. You just have to make sure to edit both text layers if you make an adjustment.