High-tax states like California and New York make it hard for rich to leave

Just 40 years old, he was single, loved to spend summers in the Hamptons and had just remodeled his $2.4-million West Village apartment, according to the New York Division of Tax Appeals’ ruling on his case. Tax authorities could point to the fact that, just two years after moving to Dallas, Blatt had actually moved back to New York to take over as CEO of IAC itself when Diller stepped down. Home Isn’t Where the Ferrari Is

When New York challenged Thomas Campaniello’s residency, he responded by saying not only did he live in Florida, but he loved the Sunshine State.

Source: www.mercurynews.com