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Ending any speculation about another possible run for governor, Rochester businessman and Sabres owner B. Thomas Golisano said Thursday he will be moving his legal residence to Florida to escape New York state taxes.
Golisano told a gathering of Rochester business executives that he will remain as owner of the Buffalo hockey team, but he is fleeing the Empire State to avoid paying $13,000 a day in state income taxes.
But since then, Gov. David A. Paterson and lawmakers approved a state budget that will raise $4 billion in new income taxes this year on wealthier residents. In Golisano’s case —and anyone else making more than $500,000 this year — he is seeing his state tax rate go from 6.85 percent to 8.97 percent.
He sure had a comment after Limbaugh left costing the state millions. If Golisano was paying $13,000 a DAY in state taxes can you imagine what Limbaugh was paying?
Paterson declined to comment.
Originally posted by whatukno
reply to post by Anjin
Of course! We can all live in Boulder and eat wheat grass too!
Some obviously don't understand the difference between the rich and the successful.