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To: A_Former_Democrat
You're referring to the infamous case of hedge fund billionaire David Tepper. I believe he moved to Florida in 2015. The state legislature had to re-do its budget halfway through the following year because of the loss of income tax revenue.

The State of New Jersey does not publicize tax information, but based on the reports of his income for the prior year that were posted in various business publications it was estimated that he paid $100-$130 million in state income taxes the last year he lived in New Jersey.

Interestingly, a lot of these wealthy people don't leave these Marxist states to avoid paying INCOME taxes, but to get the hell out of the state before they die so they don't have to pay ESTATE and INHERITANCE taxes at the state level.

9 posted on 11/11/2019 7:51:12 AM PST by Alberta's Child ("In the time of chimpanzees I was a monkey.")
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To: Alberta's Child

Yes, that was the guy, thank you

Liberals and their career hired hands are so stupid.

As Great as the 60s were on the surface, the decade was planting the seeds for the idiocy we see today

It is actually incomprehensible the stuff we see going on now


11 posted on 11/11/2019 8:10:12 AM PST by A_Former_Democrat (Pussie Smollett, Mizzou, campus fake nooses, fake "protests" FAKE EVERYTHING Hey CNN?)
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To: Alberta's Child

NJ has an inheritance tax.


15 posted on 11/11/2019 8:35:27 AM PST by gcparent (Justice Brett Kavanaugh)
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