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Kathy's avatar

Yes, Florida leads as a billionaire enabler with legislation passed under current admin that allowed private trust companies (Waltons,Bezos et al) to shield their assets. So they move to Fl ,buy ginormous homes and contribute to the increased cost of housing for those with small businesses.

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Gail Adams VA/FL's avatar

Yeah, I think the other is South Dakota?

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TCinLA's avatar

Yes, SDAK has the most priviliged private rules about setting up trusts and estates - the number one place to go to hide money.

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Gail Adams VA/FL's avatar

And laundering.

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