The surprising truth about Florida residency Another Reason, Governor, to Cut Those Top Tax Rates Mobile Wisconsinites can establish residency in Florida or elsewhere – and minimize their tax bill – more rapidly than many believe By Mike Nichols Thanks partly to the fact Minnesota is the one state between the coasts with even higher individual income tax rates than Wisconsin, and the fact that Illinois is a general mess, Wisconsin had a net gain of slightly more than 500 people from other states in 2020. Exclude those two neighbors and we lose about 10,000 people annually to everywhere else – many of them no doubt in love with our state but disdainful of our exceedingly high taxes. Far and away, most of them go to Florida, then Arizona and Texas. But we also lose lots of people to cooler places, such as Colorado or Washington, with lower or no individual income taxes. More than one former Wisconsinite has told me over the years that to be considered a resident of another state – and be exempt from paying Wisconsin’s high taxes without completely abandoning your family and friends back home – you have to spend six months and a day there. Turns out that’s not true. Continue Reading Share This Email Share This Email Share This Email The Badger Institute, formerly known as the Wisconsin Policy Research Institute (WPRI), has long been at the forefront of the fight for school choice, right to work, welfare reform, tax restructuring, limited government, civil society and so much more. If you appreciate the Institute’s legacy and want to support free markets, opportunity and prosperity, please consider donating today. Your support will help the Institute continue to advocate for conservative principles now and in generations to come. The Institute never has, and never will, accept government funding. We gratefully welcome your online donation or email Angela Smith, Vice President of Development. The Badger Institute is a 501(c)(3) tax-exempt nonprofit organization. Support Freedom     Badger Institute | 700 W Virginia St, Suite 301, Milwaukee, WI 53204 www.badgerinstitute.org Unsubscribe [email protected] Update Profile | Constant Contact Data Notice Sent by [email protected] in collaboration with Try email marketing for free today!