Sunday, January 8, 2017

Life Coach Tony Robbins leaves CA because of taxes, encourages others to do the same.

Meanwhile, our state's political leadership insists this isn't happening and that everyone will stay because of the weather. (HJTA)

...If you’re still shaking your head and saying no, I get it. I was with you on this until recently. I grew up in California and never imagined living anywhere else. Even when I started traveling extensively and buying homes and properties all over the world, California was always my base. I never imagined leaving.

That changed in 2012 when California raised taxes on the highest-income earners more than 30 percent, to 13.3 percent. After a lifetime of paying through the nose on state income taxes (California's are among the country's most punishing), I found my tax situation had worsened.

I had played by the rules, and the rules had come to bite me. But instead of feeling sorry for myself, I voted with my conscience -- or my feet, I should say....

...Florida has no state income tax.

We went from a 13.3 percent state income tax in California to nothing -- nada, zip, no state income tax in Florida. So with the taxes we’re saving every year as residents of the Sunshine State instead of the Golden State, we hope to pay off our entire new home in six years....