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Billionaires Flock to Three Florida Localities as Wealth Taxes Drive Relocations

As California and Washington advance wealth tax proposals, ultrawealthy individuals are relocating to Miami, Palm Beach County, and Naples, where Florida's lack of state income, capital gains, and wealth taxes offers substantial savings.

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As California and Washington advance wealth tax proposals, ultrawealthy individuals are relocating to Miami, Palm Beach County, and Naples, where Florida's lack of state income, capital gains, and wealth taxes offers substantial savings.

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