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TopicJeff Bezos will move to Florida, cash out billions and then pay less tax than us
Proto_Spark
02/15/24 1:55:20 PM
#21:


Hospy posted...
See post #12

Washington state implemented a capital gains tax on profits over 250k in a year.

Shouldn't Bezos still need to pay it then? He might not for his 2025 taxes considering he'll have moved, but he spent 2023 in Washington, so he should pay the capital gains tax regardless of where he moves? Heck, even next year, he's probably made over 250k in profits already, meaning he'd still have taxes to pay Washington for the 2 month's he's lived there this year.

Or I might just be totally misunderstanding this whole topic.
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