Florida doesn’t have a state income tax. It’s why many wealthy people are moving to Florida.
That’s my main motivation to moving to Florida. I want to get away from oppressive taxes
Comment on Jeff Bezos keeps selling Amazon stock after announcing his move out of Washington state
protist@mander.xyz 3 months ago
Jared Walczak, vice president of state projects at the think tank Tax Foundation, wrote in November that “a Washington state revenue official was probably moved to tears” with Bezos’ announcement that he was moving to Miami.
“And whether tax savings motivated his move or not, the implications for Washington are very real, and serve to illustrate just how dangerous it can be to design tax systems that rely so overwhelmingly on a very small number of taxpayers choosing to stay put,” Walczak wrote.
Jared Walczak is as dumb as a bag of bricks if he thinks the people or government of Washington state give two fucks about whether Jeff Bezos lives there.
In his post on Instagram announcing the move away from Seattle, Bezos said he wanted be closer to family in Miami and operations for his Blue Origin space venture. He did not mention taxes.
Lmao one of the richest men in the world decides he wants to live in Miami, where there are beautiful beaches and tropical weather, instead of Seattle, where there’s drizzle, and ol’ Jared says “See!! That’s 'cause taxes!!” Jeff Bezos has so much money he wouldn’t even notice the taxes he would’ve owed. I hope more states institute similar capital gains taxes
wintermute_oregon@lemm.ee 3 months ago
protist@mander.xyz 3 months ago
Bro…Washington State doesn’t have an income tax either
wintermute_oregon@lemm.ee 3 months ago
Snap you are correct. I’m in Oregon
protist@mander.xyz 3 months ago
Every state has taxes. I live in Texas and we have property taxes out the ass. The total effective tax rate difference between Texas and Oregon is something like 2%. The difference is even smaller between Oregon and Florida
Anticorp@lemmy.world 3 months ago
But you guys don’t have sales tax. We pay over 10% on everything we buy.
toomanypancakes@lemmy.world 3 months ago
I think you’d be right at home in Florida, I understand why you would wanna move there
wintermute_oregon@lemm.ee 3 months ago
Nice weather. Low tax structure. Disney world.
It’s why it’s a fast growing state.
Anticorp@lemmy.world 3 months ago
One of the worst medical systems in the country, venomous reptiles, arachnids, and insects everywhere, cockroaches the size of a silver dollar, alligators that eat your pets, humid weather that’s impossible to cool off in, rising elderly homelessness, a housing crisis, hurricanes every year, and a governor who is intent on setting progress back 100 years. There are a lot of reasons not to move there too.
Anticorp@lemmy.world 3 months ago
Washington State doesn’t even have an income tax…