Jeff Bezos, the founder of American tech giant Amazon, has confirmed via a post on social media platform Instagram that he is moving to Florida (FL), Miami. The billionaire plans to relocate to Miami by ditching his residence in Seattle, Washington (WA). The announcement reignited the conversation about new WA capital gains tax laws focused on the wealthy class.

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Jeff Bezos Moves to Miami

The Amazon founder did not talk about taxes in the Instagram post. However, he stated that he is moving to Miami to be closer to his parents, who recently shifted to the state. Further, Bezos said that…

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