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Billionaires Move to Florida, Taking $29 Billion in Tax Revenue

Key takeaways

  • Wealthy individuals are relocating to Florida from the West Coast, driven by proposed wealth taxes, resulting in a loss of $29 billion in tax revenue.
#Tax Policy#Wealth Migration#Real Estate

Analysis

Wealthy individuals are relocating to Florida from the West Coast, driven by proposed wealth taxes, resulting in a loss of $29 billion in tax revenue.

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