4 ms·
I too moved to a less onerous tax state so I can't fault Mr. Musk. I so enjoy living in a country where that is possible, and that, if you have the means, you c
by cheese_van 6y ago
I too moved to a less onerous tax state so I can't fault Mr. Musk. I so enjoy living in a country where that is possible, and that, if you have the means, you can follow the jobs from state to state, or if you will, follow the capital. Capital moves where it feels comfortable and so do people. It's not much of a story really, except for Mr. Musk's celebrity.
- gautamcgoel 6y agoI'm curious, from which state to which state did you move? How much did you save?
- cheese_van 6y agoI moved to PA from MD. At the close my career, I chose to move to PA as they do not tax income from retirement accounts like IRA, 401k etc, nor pension accounts. It's quite a bundle. Retired, now in PA I pay no state tax. Honestly my tax arguments with MD were furious and frustrating. It's difficult, once you start paying MD, to escape their claims on you. Even while working out of country for multiple years running, MD will claim you owe them taxes, unless you have changed domicile in the manner they demand.