[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!!!

[nutmeg]

"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!!!

Oh yeah... I do seem to remember hearing about this before.