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by mrobins
977 days ago
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I find the ultra wealthy moving to avoid taxes pretty hilarious. It’s basically saying I have enough money to do whatever anything, except live/be where I’d like to. Even within the US I know many wannabe New Yorkers who count their days and have to pick and choose what they come “home” for. Obviously to each their own but feels like optimizing for the wrong thing. |
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Depends on a percentage, isn't it? Few people are quibbling about paying +/- 1% here. On the flip side, I heard of a guy who sold a business for 10M. He moved to Florida for a bit to avoid paying New York 10% - 1 million. When we're talking about 10%+ of your income, it begins to matter.