Thursday, November 30, 2023


Headline at the TaxProf website:

Jeff Bezos will save billions in taxes by moving to Miami.

Reaction of Instapundit Glenn Reynolds:

His newspaper likes Biden but his wallet prefers DeSantis.
Loving the hypocrisy. Florida is one of several states imposing no state income tax, the others presently include AK, NV, SD, TN, TX, and WY. NH will join that group in 2027, and WA only taxes a small number of high earners, which would obviously include earners like Bezos. 

Full disclosure: Our summer residence is in WY and winter residence is in NV, two states with no state income tax. This is no accident.