Another snowbird heading to America's retirement home
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Yes those California taxes!!! I mean I’m moving to Florida, but not to Jupiter! ?Looks like he wants to get out of a high tax state and move to Florida ( no state income tax).
Phil will definitely find a good game at the Medalist or the Bear’s Club. The golfing talent that lives in Jupiter is otherworldly. But, he probably won’t want to eat in you know who’s restaurant, it’s ok, nothing special.
Let’s do it and drive down the real estate market.I should move there too. Good for Phil.
Bingo!!!More ?? to gamble with!
I am surprised he hasn’t done years ago. I wonder how much he cost himself by not doing it?
10+ million?
think about all the gambling he could have done with that extra money! Life is better with money on the line!A lot more than that. The top state income tax rate in California is 13.3% and Phil has been making about $40 million a year for a long time. If we take a low estimate and say he's paying $4 million a year in taxes and earning 10% on his investments he'd have roughly another $80 million in net worth if he had moved to Florida a decade ago. That's if he didn't gamble it away had it been in his checking account. That is quite the opportunity cost to let your kid finish high school but certainly Phil can afford it