The real reason one of America's wealthiest men left a blue state for a red one
Fox News
Billionaire Jeff Bezos has announced that he is leaving Seattle for Miami after more than 30 years in the Evergreen State. Will blue state America understand why he's making the move?
Stephen Moore is a senior fellow at the Heritage Foundation and a co-founder of the Committee to Unleash Prosperity. His latest book is "Govzilla: How the Relentless Growth of Government Is Devouring Our Economy."
Washington state was, until recently, the only blue state with no income tax. For many years it also had no inheritance or capital gains tax. This light taxation on business investment and income contributed to Washington becoming one of the fastest growing states and a mecca for world-class businesses a list that includes Microsoft, Amazon, Costco and Starbucks.