[LarryLied]

Florida, with no income tax, is getting a flood of very wealthy people from other states. I believe most pro-atheletes now "live" in Orlando.

[Redbob]

"Florida, with no income tax, is getting a flood of very wealthy people from other states."

Ah, but Florida has a little surprise for you!
An ad valorem tax on the ENTIRE VALUE of your stock portfolio!!!

[tortoise]

Florida, with no income tax, is getting a flood of very wealthy people from other states. I believe most pro-atheletes now "live" in Orlando.

While probably not the biggest in absolute numbers, Nevada has had the fastest growing state population percentage-wise for a couple decades now, comprised largely of wealthy individuals. Boat loads of Silicon Valley types take off for the Lake Tahoe/Reno area when they've made their small fortunes. It is also about the nicest tax jurisdiction in the country. It only has a modest sales tax (6.5-7.25%), no income tax at all (per the State Constitution), the county effective property taxes range from very low to average, and the miscellaneous excise taxes (gas, tobacco, etc) are a good bit lower than average compared to other states.

Of course, across the border is California with a sales tax of around 8%, income tax of almost 10%, and lethal tax laws, so it is no wonder that people from Silicon Valley make the 3-4 hour move to Nevada.