2 hoursHmmm. Maybe it turned into a tax haven … like neighboring state South Dakota, mome of Kristi Noem.
Or maybe it’s: no state income tax. Or a maximum property tax of 2% (city + county). No capital gains, estate, or gift taxes.
Or maybe the 77% Republicans. Or the death penalty.
- ZoteTheMighty@lemmy.zipEnglish21 hours
You won’t meet them there. They have a house, register it as their home state for tax reasons, the travel to states they actually want to be in. They may take a 2-week summer vacation to the house, but it’s not like there are millionaire communes where everyone at the local coffee shop is ultra wealthy.
- chaogomu@lemmy.worldEnglish20 hours
There are in Jackson, but only during tourist season.
As a note, you’ll often see or hear it called Jackson Hole, that’s the valley just south of the city of Jackson.
- 20 hours
An incredibly beautiful area. Used to go there as a kid 30+ years ago. It was a relative backwater, not super popular except as a stop for people visiting the Tetons.
Full of hundred-millionaires now. Like all the spaces taken over in Montana by the wealthy, or the mountain towns in Colorado like Aspen and Breckenridge. Commoners can fuck off.
millionaire communes
It’s not as exotic a status as it once was. About ten percent of America is composed of millionaires.
Inflation, ballooning home values and a decades-long push into stock markets by average investors have lifted millions into millionairehood. A June report from Swiss bank UBS found about one-tenth of American adults are members of the seven-digit club, with 1,000 freshly minted millionaires added daily last year.
