Stagecoach Moves to Florida

[Terrel L. Shields]

Wells-Fargo is moving out of California.

 

[George Hatch]

Shots fired.

The whole premise of tax the rich is based on the presumption that the rich have no alternative but to submit because they can't move. That presumption is currently being overtaken by events.

Water seeks its own level. Wealth seeks its own ROI. And WRT taxation and regulation is loyal only to opportunity, not locale.

 

[Terrel L. Shields]

Shots fired.

The whole premise of tax the rich is based on the premise that the rich have no alternative but to submit because they can't move. That presumption is currently being overtaken by events.

Instead of Black Bart the PO8 robbing Wells-Fargo stagecoaches, it's the state. And they are done. NYC is finding out the same issues.

 

[George Hatch]

The trendy thing among the super rich is to relocate to Singapore and Dubai.

 

[TerryRohrer]

Just the beginning:

Starbucks’ Howard Schultz joins billionaire migration to Florida’s sunny tax haven

Howard Schultz joins Jeff Bezons and Sergey Brin among others switching to Florida

www.irishtimes.com

 

[Terrel L. Shields]

 

[Fernando]

Wells Fargo confirmed to Fox News Digital that it is moving its wealth management headquarters to West Palm Beach, underscoring a growing exodus of money and corporate influence from traditional financial hubs to low-tax, business-friendly states.

The relocation makes Wells Fargo the first major U.S. bank to base its wealth-management operations in the Sunshine State.

 

[Surf Cat]

The relocation makes Wells Fargo the first major U.S. bank to base its wealth-management operations in the Sunshine State.

A lot easier to do business in the Sunshine State when all the billionaires are moving there.... kind of hard to chat somebody up with colorful drinks with umbrellas in them from California.

 

[Fernando]

For decades, Wells Wealth Manager tried to get my funds. No need to pay them management fees. Just put into Index funds.
Wells decided to go to Florida where most retirees settle there. Florida is one no state income tax State I'm considering later in my life.