Yesterday, the Associated Press reported that millionaires are fleeing their luxury homes in New York to establish residency in less-taxing states. As a result, New York is receiving far less revenue than was expected from the wealthy since these wealth taxes were enacted last April.
Call it the law of unintended consequences.
To be fair, [...]
The move from a luxury home can be a daunting one–especially when grand pianos, snooker tables and valuable art need to be both carefully packed, insured and moved into new abodes.
One of our readers, Kirstie Birkewitz, is not only a writer, but co-owner of a careful moving company in San Diego–and has some excellent [...]
by Roberta Murphy
Most of us grew up believing that education and earning power were irrevocably shackled to each other, and where one went, the other inevitably followed.
These days, we’re no so sure.
Below, a partial list of billionaires who dropped out of school and went on to become outrageous successes in the technology, entertainment and fashion [...]