I read last night that Zuckerberg is leaving to move his primary residence to FLORIDA.
Meaning another BILLIONAIRE leaving California to more to Florida where he will greatly benefit from NO State INCOME TAX.
Obviously Zuck has many houses. Including the estate in Hawaii. Do these states try to capture some of his income based on the amount of time these Billionaires spend in each state? Similar to professional athletes who have to pay income in NY, NJ, CA, etc depending on where the game is being played?
Each player on the Seattle Seahawks who just won the Super Bowl received a bonus of $178,000, Sam Darnold the QB of the Seahawks ended up losing money on the game, based on how California taxes professional athletes who play games in California. I think Darnold ended up owing over $200,000 after winning the Super Bowl.
Here is a link that explains the tax.