Florida's 'no income tax' lure continues to draw big fish
Florida has been on a roll in drawing in wealthy retirees from the Northeast who are disincentivized from paying income taxes in their home state.
In December, Tepper declared himself a resident of Florida after living for more than 20 years in New Jersey. He later moved the official headquarters of his hedge fund, Appaloosa Management, to Miami.
Today, Gov. Rick Scott's office was quick to cite another triumph of Florida's no-income-tax status: It touted an opinion piece from retiree Randy Wexler which ran this weekend in the Hartford Courant. Wexler, who has a second home in Naples, is considering moving south to save money.
"I want to stay in Connecticut. I like it here," Wexler wrote, "but I feel I am being economically forced out." Read more here