[quote=briansd1][quote=EconProf]Yet one more reason to leave California.[/quote]
What? And leave all the wonderful weather behind?
There’s always Nevada where there are no state income taxes.
New York is one the highest taxed places. But there are plenty of billionaires there. Steve Wynn bought a $70 million apartment over there.[/quote]True.. but his income is sourced in Nevada and he spends most of his time in Nevada.. which is officially is place of residence. This means that he does not get bit by most of NY taxes. It is probably one of those.. nice to visit but wouldn’t want to live there. He could also be speculating in high priced NY RealEstate…
