• billbasher@lemmy.world
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    5 hours ago

    Yeah and something I wasn’t thinking about is they’re just gonna send it to the address you have on file. I’m not sure how to OF signup process works but you might need a ssn for it and then it wouldn’t matter where you were.

    You could get a P.o. box in a foreign state? Then file state taxes there. If you had a local job too then you would be filing 2 states

    • CharlesDarwin@lemmy.world
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      4 hours ago

      If people had as many rights as a corporation, I guess people could “incorporate” in the Cayman Islands or whatever…

    • CharlesDarwin@lemmy.world
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      5 hours ago

      I would think the ones pulling down millions would be smart to buy a second home in a state with zero state income tax (if they don’t have one already), and set that as their primary residence.

      This Fishback guy’s proposal seems rather short on details anyway and I’m not a lawyer or a tax accountant, but I’m sure there would be ways for the ultrarich OF stars to still spends lots of time in Florida and not pay some “sin tax” because some weird Republican guy is butthurt about OF’s existence…