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News@lemmy.world · 11 months ago

Jeff Bezos will save over $600 million in taxes by moving to Miami

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Jeff Bezos will save over $600 million in taxes by moving to Miami

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News@lemmy.world · 11 months ago

Bezos plans to unload 50 million shares of Amazon before Jan. 31, 2025. Posting those sales in Florida will save him millions.

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dangblingus@lemmy.dbzer0.com
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11 months ago
Or, just get rid of capital gains taxes and tax it marginally at the regular rate.
- Chriswild@lemmy.world
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  11 months ago
  I don’t think that would be really more effective as the federal income tax in the US caps at a really low rate.

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