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+--- Thread: Bezos move to Florida from state of Washington (/Thread-Bezos-move-to-Florida-from-state-of-Washington)
Bezos move to Florida from state of Washington - Luvnit2 - 02-12-2024
https://www.foxbusiness.com/business-leaders/jeff-bezos-move-florida-saving-him-hundreds-millions-taxes
Low taxes at every level, city, state, federal and state capital gains attracting billionaires to Florida. The state of Washington's loss is another gain fro thriving Florida. Jeff Bezos will save hundreds of millions, yes hundreds of millions by moving to Florida. I am not a fan of Bezos and I would think all of the liberals who constantly attack billionaires if consistent don't like hime either.
I did not realize states had capital gain taxes, Washington does and Florida does not while both do not have state income taxes. This is huge hit to the state of Washington if they were looking ahead to this tax revenue.