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News@lemmy.world · 9 months ago

Jeff Bezos will save over $600 million in taxes by moving to Miami

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Jeff Bezos will save over $600 million in taxes by moving to Miami

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News@lemmy.world · 9 months ago

Bezos plans to unload 50 million shares of Amazon before Jan. 31, 2025. Posting those sales in Florida will save him millions.

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9 months ago
“Let’s get Florida to institute a state income tax and more on top for capital gains to match.”?

I mean, yeah? I’d like that. Is it ever going to happen save some overarching federal law standardizing everything? No.

Is moving and no longer paying state taxes for a state you don’t live in anymore “theft”? Also no.

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