The Amazon founder saw an almost 10-figure savings by moving south.
The Amazon founder saw an almost 10-figure savings by moving south.
The Amazon founder saw an almost 10-figure savings by moving south.
Financial experts predicted Jeff Bezos’s move to Florida would pay off handsomely—and they were right. So far, the Amazon founder’s tax savings have been astronomical, worth an estimated $1 billion this year alone.
I have so many hours in smash and totally forgot about this. I'm honestly shocked it hasn't been clipped and posted more.
Stop glorifying terrorists. /s
What terrorist? It’s just Luigi
"Moving," as though billionaires live in "one place."
All he did was change his primary address, and maybe buy property in Florida.
Bought, and then immediately mortgaged the entire value at 0% interest.
Yeah I was going to say he didn't move anywhere.
I'm wondering how that private island community will fare in a few years.
It's scuba tours all the way down
In other words: tax evasion. Eat the rich.
It’s called “tax avoidance” when you’re a billionaire and it’s legal
You know what else is legal? Denying healthcare claims automatically. When the laws stop serving the people, don't expect people to follow them out of the goodness of their hearts.
It's called optimal accounting in my classes. It's not only legal but also annoying as shit when having to audit a company as a project.
It's called that if you're not a billionaire and it's legal, too. Taking your personal deduction is tax avoidance.
From what I understand - avoidance is using legal means to avoid paying tax, while evasion is using all the other means to evade getting taxed altogether.