[fundatus]

Do people move solely because of property taxes? They rarely do unless they are in financial distress. So I'd say: Give it a try.

[JKCalhoun]

If they're not paying their fair share of taxes in the state anyway… then okay, goodbye, I guess?

[interestpiqued]

Billionaires tend to have multiple properties in multiple states/countries. This is more a residency issue and probably low friction for them to change states personally. The thing holding back would be where their business and employees are located.