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The major factor that isn't mentioned: state income tax. Washington has no income tax. It's no small coincidence that it has so many billionaires living there.
by all_blue_chucks 9y ago
The major factor that isn't mentioned: state income tax. Washington has no income tax. It's no small coincidence that it has so many billionaires living there.
But Seattle is trying to impose a 2.5% income tax on high earners. This might be Jeff's way of reminding them they have to compete to keep his business around.
Also, a 0% income tax rate makes a HUGE difference in attracting tech workers who earn $200k+...
- JBlue42 9y agoBoo hoo for rich people?
- all_blue_chucks 9y agoAre you lost? This is a site full of software industry types. Everyone here is either "rich" already or trying to be...
- JBlue42 9y agoVery true. I'm just here to spy on what the well-to-do and techno-utopianists are up to and want to inflict on the rest of us in the future. ;-)