{"id":97437,"date":"2022-10-15T00:43:31","date_gmt":"2022-10-15T00:43:31","guid":{"rendered":"https:\/\/harchi90.com\/mark-wahlberg-is-the-latest-wealthy-person-to-ditch-california-for-a-taxless-state\/"},"modified":"2022-10-15T00:43:31","modified_gmt":"2022-10-15T00:43:31","slug":"mark-wahlberg-is-the-latest-wealthy-person-to-ditch-california-for-a-taxless-state","status":"publish","type":"post","link":"https:\/\/harchi90.com\/mark-wahlberg-is-the-latest-wealthy-person-to-ditch-california-for-a-taxless-state\/","title":{"rendered":"Mark Wahlberg is the latest wealthy person to ditch California for a taxless state"},"content":{"rendered":"

California dreamin’ might as well be Nevada dreamin’. That is, if you happen to be Mark Wahlberg. <\/p>\n

\n

Earlier this week, the actor and businessman explained on the CBS talk show The Talk <\/em>that he decided to move from the Golden State to the Silver one to provide his children with the best lifestyle.<\/p>\n

\u201cTo be able to give my kids a better life and follow and pursue their dreams, whether it be my daughter as an equestrian, my son as a basketball player, my younger son as a golfer, this made a lot more sense for us, \u201d he said of his family’s move.<\/p>\n

The Massachusetts native and father of four, who is married to model Rhea Durham, also said he wanted to be able to work from home. He explained that he moved to California a couple of years ago for his acting career and only ended up making a couple of movies. He listed his Beverly Hills mansion for sale earlier this year, and has reportedly purchased two multimillion-dollar properties in Las Vegas. <\/p>\n

Wahlberg is one of many California residents who left the state during the pandemic, an exodus that has continued well after lockdown ended. A Federal Reserve Bank of Chicago report published in July showed that California had one of the highest rates of outbound moves before 2020, which accelerated during the pandemic. Sky-high inflation in a state with the highest income tax rate, coupled with the freedom of location in the era of remote work, pushed many residents into the arms of states that lacked income taxes.<\/p>\n

The Sun Belt was especially popular, particularly the taxless havens of Texas, where Elon Musk hunkered down, and Florida, where wealthy Americans are moving to at four times the rate of any other state.<\/p>\n

\u201cAs remote work became the new normal for companies over the past year, it opened the door for more people to move farther away from the workplace and explore living in a new area,\u201d Randy Ryerson, vice president of marketing and communications for rental truck company Penske, told Fortune in May.<\/p>\n

Nevada, too, has no state income tax and has seen an influx of new residents. A report from the Tax Foundation that viewed migration patterns from 2020 to 2021 found that the state’s population increased by 1.3%, while California lost .8% of its population in the same time frame. <\/p>\n

Wahlberg said he hopes Nevada’s gubernatorial election will result in tax credits for the state so it can \u201cbuild a state-of-the-art studio\u201d and \u201cmake this Hollywood 2.0.\u201d <\/p>\n

He adds: \u201cWe came here to just kind of give ourselves a new look, a fresh start for the kids, and there’s a lot of opportunity here.\u201d <\/p>\n<\/div>\n

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Sign up for the Fortune Features<\/em> email list so you don’t miss our biggest features, exclusive interviews, and investigations.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

California dreamin’ might as well be Nevada dreamin’. That is, if you happen to be Mark Wahlberg. Earlier this week, the actor and businessman explained on the CBS talk show The Talk that he decided to move from the Golden State to the Silver one to provide his children with the best lifestyle. \u201cTo be …<\/p>\n

Mark Wahlberg is the latest wealthy person to ditch California for a taxless state<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[5],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":96589,"url":"https:\/\/harchi90.com\/mark-wahlberg-reveals-he-left-la-and-90m-home-to-move-family-to-nevada-to-give-kids-a-better-life\/","url_meta":{"origin":97437,"position":0},"title":"Mark Wahlberg reveals he left LA and $90M home to move family to Nevada to give kids a ‘better life’","date":"October 14, 2022","format":false,"excerpt":"Mark Wahlberg is getting a change of scenery after joining the exodus from California by leaving his longtime home in Los Angeles in favor of Nevada.In an interview on Tuesday for The Talk, the 51-year-old actor said he had bid the Golden State farewell in hopes of giving his children\u2026","rel":"","context":"In "Entertainment"","img":{"alt_text":"Change of scenery: Mark Wahlberg, 51, spoke about moving out of Los Angeles and uprooting his family for Nevada to give them a 'better life' during an appearance on The Talk on Tuesday; seen in 2015","src":"https:\/\/i0.wp.com\/i.dailymail.co.uk\/1s\/2022\/10\/14\/03\/63456199-11314331-image-a-52_1665714229975.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":95004,"url":"https:\/\/harchi90.com\/mark-wahlberg-moved-from-la-to-nevada-to-give-my-kids-a-better-life\/","url_meta":{"origin":97437,"position":1},"title":"Mark Wahlberg moved from LA to Nevada ‘to give my kids a better life’","date":"October 12, 2022","format":false,"excerpt":"Mark Wahlberg no longer calls Hollywood home. the Uncharted star revealed he recently \"moved to Nevada\" in order to give his family \"a better life.\" Wahlberg appeared on Tuesday's The Talk where he was asked about balancing a business empire while being a present father and husband.\"That is the biggest\u2026","rel":"","context":"In "Entertainment"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97009,"url":"https:\/\/harchi90.com\/mark-wahlberg-left-la-mansion-for-nevada-to-give-kids-a-better-life\/","url_meta":{"origin":97437,"position":2},"title":"Mark Wahlberg left LA mansion for Nevada to give kids ‘a better life’","date":"October 14, 2022","format":false,"excerpt":"Mark Wahlberg is putting his family first. The \u201cFather Stu\u201d star revealed he packed up his things and moved his family out of their plush $90 million California mansion in a bid for a \u201cbetter life.\u201d Appearing on Tuesday's episode of \u201cThe Talk,\u201d Wahlberg opened up about the \u201cbiggest challenge\u201d\u2026","rel":"","context":"In "Entertainment"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96775,"url":"https:\/\/harchi90.com\/mark-wahlberg-left-hollywood-for-nevada-to-give-his-kids-a-better-life-this-made-a-lot-more-sense-for-us\/","url_meta":{"origin":97437,"position":3},"title":"Mark Wahlberg left Hollywood for Nevada to give his kids a ‘better life’: ‘This made a lot more sense for us’","date":"October 14, 2022","format":false,"excerpt":"Hart and Wahlberg's wild weekend in 'Me Time' Kevin Hart and Mark Wahlberg discuss their new Netflix comedy, how their personal time has changed since becoming parents and how they would spend their time together off-screen.Mark Wahlberg has left Hollywood behind and moved out of the state to put his\u2026","rel":"","context":"In "Entertainment"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110058,"url":"https:\/\/harchi90.com\/mark-wahlberg-takes-87-5m-mansion-off-market-as-interest-rates-soar\/","url_meta":{"origin":97437,"position":4},"title":"Mark Wahlberg takes $87.5M mansion off market as interest rates soar","date":"October 27, 2022","format":false,"excerpt":"Mark Wahlberg has taken his Beverly Hills estate off the market after realizing this may not be the best time to sell, The Post has learned. The \u201cFather Stu\u201d actor purchased the plot of land in 2009 for $8.25 million, records show. He then spent years building his dream Mediterranean-style\u2026","rel":"","context":"In "Technology"","img":{"alt_text":"The estate is situated on 6.14 acres of land.","src":"https:\/\/i0.wp.com\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/mark-wahlberg-home-sale-02.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":98599,"url":"https:\/\/harchi90.com\/mark-wahlberg-and-wife-make-big-decision-to-provide-the-best-for-their-family\/","url_meta":{"origin":97437,"position":5},"title":"Mark Wahlberg and wife make big decision to provide the best for their family","date":"October 16, 2022","format":false,"excerpt":"The loving dad-of-four is going to great lengths to ensure his children can thrive.Being a parent often means making sacrifices for the good of our children and family. And for Hollywood actor Mark Wahlberg and his wife Rhea Durham, this meant a recent upheaval, moving from Hollywood to their new\u2026","rel":"","context":"In "Entertainment"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"fifu_image_url":"https:\/\/content.fortune.com\/wp-content\/uploads\/2022\/10\/GettyImages-895204480-e1665778902184.jpg?resize=1200,600","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/97437"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=97437"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/97437\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=97437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=97437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=97437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}