16 min

The Valley Current®️: Exiting California and then exiting the USA to Avoid State and Federal Taxes: Is that Even Possible? THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP

    • Entrepreneurship

Is our tax system too complicated? Californians have long heard about the ongoing mass exodus of people fleeing to other states citing everything from sky high home prices to jam-packed traffic and even just getting tired of state taxes. However, the frequency of people considering leaving the US altogether seems to be increasing, posing a worrying trend for the government to acknowledge and resolve before it gets too late. Does the motivation for this move go beyond covid worries and Zoom capabilities? Jack Russo asks CPA Steve Rabin if it is possible for US citizens to avoid state and federal taxes by leaving the country.

Is our tax system too complicated? Californians have long heard about the ongoing mass exodus of people fleeing to other states citing everything from sky high home prices to jam-packed traffic and even just getting tired of state taxes. However, the frequency of people considering leaving the US altogether seems to be increasing, posing a worrying trend for the government to acknowledge and resolve before it gets too late. Does the motivation for this move go beyond covid worries and Zoom capabilities? Jack Russo asks CPA Steve Rabin if it is possible for US citizens to avoid state and federal taxes by leaving the country.

16 min

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