Peter Thiel expressed his frustrations with California's high taxes, particularly a recent 14.4% tax on those earning over $1 million, leading him to consider other states.
"I can't decide whether to leave the state or the country," Thiel noted during a podcast, reflecting on his struggle with the increasing tax burdens and his desire to relocate.
Thiel's process of elimination for a move involved analyzing zero tax states, noting metropolitan appeal as a key factor, ultimately favoring Miami.
Despite exploring options in New Zealand and Malta, Thiel remains within the U.S. due to the complications found abroad, highlighting challenges in creating new communities.
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