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https://www.foxbusiness.com/real-estate … x-concerns
Mark Zuckerberg becomes latest California billionaire to relocate to Florida amid tax concerns
Meta CEO joins Bezos, Brady and other ultra-wealthy neighbors on Indian Creek as California pushes 5% wealth tax
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They hire
retards who want to tax them out the wazoo, then they leave? Hypocrites.
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They will simply modify the law to get back taxes retroactive, Like 5 years worth.
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If all the filthy rich Jews move to the same place we’ll only need one neutron bomb to clean up.
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wrote:
They will simply modify the law to get back taxes retroactive, Like 5 years worth.
Limitations on Retroactive Taxation
While broad, the power to enact retroactive taxes does have some limits:
Wholly New Taxes: Challenges may be successful if the legislation creates a "wholly new tax" that taxpayers had no reason to anticipate. However, courts have narrowly interpreted what constitutes a "new tax" versus an amendment to an existing one.
Excessive Period: An "excessive" period of retroactivity may raise due process concerns. The Supreme Court has upheld periods of retroactivity slightly over a year (e.g., 14 months) but suggested that a 12-year period was problematic.
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