Billionaires Move to Florida's Miami, Palm Beach, Naples to Avoid Wealth Taxes
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Ultrawealthy individuals are relocating to Miami, Palm Beach County, and Naples as California and Washington propose wealth taxes. Florida's lack of state income, capital gains, and wealth taxes offers massive savings.

As California and Washington advance wealth tax proposals, ultrawealthy individuals are relocating to Miami, Palm Beach County, and Naples, where Florida’s lack of state income, capital gains, and wealth taxes offers substantial savings.

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