Financial experts predicted Jeff Bezos’s move to Florida would pay off handsomely—and they were right. So far, the Amazon founder’s tax savings have been astronomical, worth an estimated $1 billion this year alone.

  • @iopq@lemmy.world
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    -18 months ago

    I left California because it charged the same rate on capital gains. Like you could owe nothing federally, but have to pay state income tax. It was also more annoying because I had to mail it! 12 pages don’t fit into an envelope so I didn’t even send them my full return

    • Flying Squid
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      8 months ago

      Oh no. A rich person had to pay taxes on their gambling and it was annoying. The horror.

      • @ArbitraryValue@sh.itjust.works
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        8 months ago

        The point isn’t that you should feel sorry for him. It’s that he didn’t pay the tax but did take his money elsewhere. I don’t think California benefits when that happens.