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Topic	Jeff Bezos will move to Florida, cash out billions and then pay less tax than us
CyborgSage00x0 02/15/24 4:44:26 PM #38:	AngelsNAirwav3s posted... Not really sure you can call moving from a high tax state to a low tax state a "rigged system" Because it is. This money and gains are ethereal, just 1's and 0's, so geographically relocating shouldn't affect taxes like this. You can say that's Washington's bad for adding said tax, but the point is this should be something entirely streamlined and controlled at a purely federal level. That, and he's not ACTUALLY moving to Florida, he's just establishing a brick and mortar there he can claim as a house. All the business and capital gains are still occurring from what happens in Washington. The entire system is design like this, so that those who have money always keep it. --- PotD's resident Film Expert. <cite>CyborgSage00x0 posted [p:978862946] in Jeff Bezos... [t:80697332]...</cite> <quote>AngelsNAirwav3s posted... </cite><quote>Not really sure you can call moving from a high tax state to a low tax state a "rigged system"</quote>Because it is. This money and gains are ethereal, just 1's and 0's, so geographically relocating shouldn't affect taxes like this.You can say that's Washington's bad for adding said tax, but the point is this should be something entirely streamlined and controlled at a purely federal level. That, and he's not ACTUALLY moving to Florida, he's just establishing a brick and mortar there he can claim as a house. All the business and capital gains are still occurring from what happens in Washington.The entire system is design like this, so that those who have money always keep it. --- PotD's resident Film Expert. </quote> ... Copied to Clipboard!
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