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Got_Bent , (edited )

I’m surprised by this because what rich guy wouldn’t want to shift his income from a state with one of the highest if not the highest tax rate at his level of income to a state with no income tax?

It doesn’t matter that the income will be sourced in Washington. He lives in California, and by that, the franchise tax board is hyper aggressive in getting their cut.

Note that the equity awards mentioned are taxable as well.

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