Ostensibly. But the real value of a business owner isn’t in the personal taxes they pay, its in the taxes their staff pays. The bulk of Amazon’s workforce is going to stick to New York and California and Texas, because that’s where the major ports and transit hubs that Amazon needs to operate exist. These states will still rake in tens of billions from the 1.6M Amazon staffers who still need to do their jobs.
You work in the high tax states and retire to the low tax states. Bezos is functionally done being an executive. Now he’s just another coked up Miami fuckboi. But current CEO Andy Jassy will be staying in Capital Hill, Seattle for the tail end of his career because that’s where the actual work of running the Amazon corporation takes place.
don’t dick moves like this create incentives for states to decrease tax?
Ostensibly. But the real value of a business owner isn’t in the personal taxes they pay, its in the taxes their staff pays. The bulk of Amazon’s workforce is going to stick to New York and California and Texas, because that’s where the major ports and transit hubs that Amazon needs to operate exist. These states will still rake in tens of billions from the 1.6M Amazon staffers who still need to do their jobs.
You work in the high tax states and retire to the low tax states. Bezos is functionally done being an executive. Now he’s just another coked up Miami fuckboi. But current CEO Andy Jassy will be staying in Capital Hill, Seattle for the tail end of his career because that’s where the actual work of running the Amazon corporation takes place.