Rich liberals engage in tax avoidance scheme
A new headache this holiday: Waiting in line to pay property taxesThe smart move would be to move from the high tax states. Over a million people in recent time have moved from California, Connecticut, Illinois and New York. They took with them around $57 billion in assets. The rich are also leaving states like Maryland to lower tax states. The new tax code makes the move even more logical if the high tax states don't get their act together and cut taxes and regulations.
Residents of high-tax states are trying to avoid the new federal cap on real estate deductions by paying 2018 property-tax bills before the end of the year.