Mark Wahlberg is the latest wealthy person to give up California for a tax-free state

California dream It might as well be a Nevada dream. That is, if you happen to be Mark Wahlberg.

Earlier this week, the actor and entrepreneur explained on the CBS talk show the talk He decided to move from Golden State to Silver One in order to provide his children with the best way of life.

“Being able to give my kids a better life and pursue and pursue their dreams, whether it’s my daughter as a dressage horse, my son as a basketball player, or my youngest son as a golfer, made all the sense to us,” he said of his family’s move.

The Massachusetts native and father of four, who is married to model Rhea Durham, said he wanted to be able to work from home. He explained that he moved to California two years ago for his acting career and only ended up making two films. he is Listed his mansion in Beverly Hills for sale Earlier this year, the It is said to have been purchased Two multi-million dollar properties in Las Vegas.

Wahlberg is one of many Californians who have left the state during the pandemic, an exodus keep going well after The closure is over. a Chicago Fed Report The post in July showed California had one of the highest rates of outbound moves before 2020, which has accelerated during the pandemic. swell in the sky in case with Highest rate of income taxCombined with the freedom of location in the era of remote work, many residents have been pushed into the arms of states that lack income taxes.

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sun belt It was especially popular, especially the tax-free havens in Texas, where Elon Musk walking aroundAnd the Floridawhere wealthy Americans move to Four times the rate from any other country.

“As remote work has become the new normal for businesses over the past year, it has opened the door for more people to move away from the workplace and explore living in a new area,” Randy Ryerson, vice president of marketing and communications for Penske’s truck rental companies, told Fortune in mayo.

Nevada, too, has no state income tax, and thus has seen an influx of new residents. report from Tax Foundation That watched immigration patterns from 2020 to 2021 found that the state’s population increased by 1.3%, while California lost 0.8% of its population in the same time frame.

Wahlberg said he hopes the Nevada gubernatorial election will lead to tax breaks for the state so it can “build a state-of-the-art studio” and “make Hollywood 2.0.”

He adds, “We came here to kind of give ourselves a new look, a fresh start for the kids, and there’s a lot of opportunity here.”

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