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Another: $10 Billion Hedge Fund Opening Miami Office As Rich Flee High-Tax States

Another: $10 Billion Hedge Fund Opening Miami Office As Rich Flee High-Tax States

Moore Capital Management, a $10 billion hedge fund, is opening a Miami office next year, Bloomberg is reporting.

The new office is part of a trend triggered by changes to tax laws this year, limiting state and local tax deductions to $10,000. Florida has no income tax, putting it at an advantage compared to high-tax states in the northeast such as New York, New Jersey and Connecticut.

Moore’s Miami office is being opened at the request of one portfolio manager, who wanted to move here. It is expected to keep and attract other investment professionals, Bloomberg wrote.

Moore’s billionaire founder Louis Bacon doesn’t have plans to move to Miami, according to Bloomberg.

 

(photo: bridges&balloons)

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Gringo
Gringo

Welcome to BRICKELL!!

Anonymous
Anonymous

You’re just saying that because you wanna see more Gringos in Miami.

Gringo
Gringo

Well like us or not, with the way BRICKELL and Mia is growing in such a great positive way, your gonna see alot more of us…

Anonymous
Anonymous

Who doesn’t? Bring em on!

Anonymous
Anonymous

I hope it’s somewhere in the actual urban core and not Doral or Coral Gables.

A. Nonymous
A. Nonymous

Will bet it’s going to be an easy commute from wherever the portfolio manager has his or her home.

Anonymous
Anonymous

Why anyone would want to be in Doral or Miramar is beyond my wildest inquisitive mind.

Anonymous
Anonymous

“The new office is part of a trend triggered by changes to tax laws this year, limiting state and local tax deductions to $10,000. Florida has no income tax, putting it at an advantage compared to high-tax states in the northeast such as New York, New Jersey and Connecticut.“

That the reading I will never vote for Democrats!!!!!🤗🤗🤗🤗🤗🤗🤗🤔🤔🤭🤫🤭😑😑😬🤫🙄🤫

Anonymous
Anonymous
Anonymous

The 17th economy in the planet can’t afford to expand Miami’s Metrorail or build a light rail connecting South Beach with the mainland.
please call me the day you wake up in the morning and have no clue what to do with all the disposable $$$ on your bank account.

Anonymous
Anonymous

That’s because corruption of politicians

Anonymous
Anonymous

Yes, Carlos Gimenez and Carlos Alvarez, and the previous the Miami Dade “Democrat” Mayors are very corrupt.

Anonymous
Anonymous

What do you expect?.. Gimenez and Alvarez learned their corrupt ways in the third world countries they came from.

Anonymous
Anonymous

And they’re both, wait for it… REPUBLICANS!!!!

Anonymous
Anonymous

Cuba was never a Third World Country, we were the first country to have Color TV in South America.

Anonymous
Anonymous

Cuba is a third world country thanks to a dictator and is the best example that socialism doesn’t work !!!

Anonymous
Anonymous

Maybe so, but Gillum is not a socialist dictator. He also has not professed his love to communist dictator Kim Jong Un.

Anonymous
Anonymous

Lol! Maybe 4th or 5th?

Anonymous
Anonymous

Cuba’s not in South America.

Anonymous
Anonymous

Sure, Cuba was the first country to have color TV and brand new 1958 Chevy Bel Airs, except it hasn’t changed since for obvious reasons.

Anonymous
Anonymous

Corrupt Republicans????

Anonymous
Anonymous

So true.

Paul
Paul

Republicans claiming that Democrats are corrupt and “learn their corrupt ways from the third world countries they came from” is the ultimate form of projection. The leaders of your party, including your president, are the ones laundering money for third world kleptocrats. Your governor was behind the largest act of fraud against our government in history.

Anonymous
Anonymous

LOL, both parties and every superpower bankrolls Third World kleptocrats to do their bidding. When we stop and countries fall to communism and radical Islam, people leave and we’re still told of being at fault.

Also, Scott left the company in question before fraud was committed that he would have known about. Alas, the left doesn’t care about due process, and believes guilt by association.

Anonymous
Anonymous

Please, Scott my have left the company before the federal investigation, but he knew about the fraud they were perpetuating on the government.

Anonymous
Anonymous

Completely understandable judging by your poor grammar skills.

Anonymous
Anonymous

I went to
School in Detroit I’m the byproduct of the welfare education system
I wish I
Could have gone to charter school

Anonymous
Anonymous

Yes, to the Charter School “Los Caballitos de Hialeah”

Anonymous
Anonymous

Ahhh, no, this is the United States of America, not some third world mess of a country that people ran from and want to turn Hialeah and the rest of this country into.

Anonymous
Anonymous

Hialeah is a working class city and neighborhood. Mostly Hispanics and immigrants, that work hard to be part of the American Dream

If you think something is wrong with Hialeah and look the other way with Miami Gardens, Overtwon, Liberty City, and Allapatah you are blind to recognize the damage of welfare Democratic’s policies do to people !!!!!👁

Anonymous
Anonymous

Funny how you kept Little Havana out of that group.

Anonymous
Anonymous

They feed of welfare and food stamps more so than blacks and whites. Check it out. They get free stuff the minute they land off their rafts, and they milk it for every penny for years later.

Anonymous
Anonymous

You are ignorant of the facts. Stereotyping gets you nowhere.

Anonymous
Anonymous

Also you come here and want to change our country, instead of adjusting. Learn English! Remove all your spanish store signs, trying to change the character of entire cities. Speak English! This is our country and we don’t have to learn Spanish. It is why Miami is not respected by the rest of the country. Who wants to live in a city that makes them feel like a stranger in their own land?

Anonymous
Anonymous

Yeah, that’s the easy excuse, blame the school system for you not advancing intellectually in your adult years.

Anonymous
Anonymous

That’s what inner cities people do all the time , blame someone else of their lack of advance !!!

Gene
Gene

Gone to – a – charter school

( . )( . )
( . )( . )

Funny stuff….

Anonymous
Anonymous

Your grammar is horrendous but your point is right! Democrats economic policies don’t work … Illinois and other states broken economy is the best proof
The city of Detroit is the best example

( . )( . )
( . )( . )

What about Boston and Massachusetts? Its economy is stronger than FL, lower unemployment, higher paying jobs, more innovative economy, superior education standards and results. Republican Gov the last 4 years, but entirely Dem in every category. They have an ailing/failing transportation system , but at least it’s rapid transit and covers the entire city. Also, Boston has been growing, not as fast as FL cities, but hard to compete with no taxes as an incentive, and hot weather. It’s housing cost and living is higher, but it also is building more affordable housing per capita than any FL city. By most measures, its economic policies are proving greater results than Miami.

Anonymous
Anonymous

Florida is the best state in the Union…
We only need to expend about 35% of our household income on car expenses and another 40% on rent.

Anonymous
Anonymous

Republicons are waiting for Trump and the Republicon party to lower those car and rent expenses.

Anonymous
Anonymous

At least we have money to spend…. go to Detroit

Anonymous
Anonymous

The Boston area has multiple centuries-old colleges and easy access to NYC and D.C. Look at Upstate New York and California outside Silicon Valley for great examples of how Democrats run places into the ground. Hell, look at Gillum’s Tallahassee. Crime skyrocketed under him, and it has two unused train stations but he couldn’t even get Amtrak back. You believe Democrats would use tax dollars appropriately, even raised? Thinks again!

Anonymous
Anonymous

Funny, you say Tallahassee is messed up? But isn’t that the seat of Florida’s government which is controlled by Republicans? And didn’t at one time north Florida was talking about splitting Florida up and becoming their own RED STATE? And Florida does have a Republican crook as governor whose healthcare company ripped off the taxpayers for hundreds of millions of dollars, right?

Anonymous
Anonymous

The government is in Tallahassee but Gillum is the one that manages the city ….(;-)
Funny 😄 How Democrats always compare apples with oranges ( I will not use the word bananas, because they will accused me of racism)

Anonymous
Anonymous

And Rick Scott manages the state and resides in Tallahassee.

Funny how Republicans are so quick to place the blame on others.

Anonymous
Anonymous

State capitals and governors have little to do with the city administration. Look at Austin, Texas compared to the state.

Anonymous
Anonymous

But state capitals reside in cities, and cities can request state funding anytime they want.

Anonymous
Anonymous

Did you read the reference on Florida economy posted in this chat ?

Anonymous
Anonymous

What about Detroit?

Anonymous
Anonymous

Detroit was over relying too much on one industry, whether it was Democrats and Republicans, although the former in power for fifty years doesn’t help. What did they try and attract, “green jobs” and biotech? LOL…

Anonymous
Anonymous

And that industry they relied left because unions and democrats

Anonymous
Anonymous

Um, no. A lot of industry left for the cheap labor overseas. It’s hard to compete with a country that has over a billion mouths to feed.

Anonymous
Anonymous

That was the way many cities in this country operated at the turn of the century. Why do you think they called some cities in the midwest “rust belts.” There were no abundance of “tech jobs” back then. You either worked at some factory, tourist spot, mill, or farmed.

Anonymous
Anonymous

Please, Tell that to the supper progressive millennials who still called Gillum a big corporations sellout. To see if they finally cut the crap and vote this time.

Anonymous
Anonymous

“supper” progressive millennials?

Anonymous
Anonymous

Sarcasm much

Afi Keita James
Afi Keita James

Then why corporate whore killary endorsing this man, yuck

Afi K James
Afi K James

And thank God for that.

Anonymous
Anonymous

“That the reading I will never vote for Democrats!!!”

Hey Republicon dummy, check this out:

Under the Trump administration – New rules unveiled by the IRS undermine some states’ attempts to help residents keep a version of a popular federal income tax deduction. Last year’s Republican tax overhaul put a $10,000 cap on deductions for state and local income taxes.

Yeah, stay a Republicon because you’re too stupid to be a Democrat.

Anonymous
Anonymous

And as a good democrat that you are you use insults to argue !!🖕

Anonymous
Anonymous

And being the usual republicon that you are, you can’t read and spell for sh^t!

Anonymous
Anonymous

If you love Democrats so much, move to Canada with your beloved man-child Justin Trudeau, and see if you can afford some overpriced apartment owned by Chinese investors while Somali “refugees” live on welfare next door. You had your Obozo Bang Bus for eight years. Let us deplorables enjoy our ride on the Trump Train.

Anonymous
Anonymous

If you wanna suck up to this con-man in the Oval office have at it. But don’t look for everybody to drink the Trump koolade because you do.

Anonymous
Anonymous

Everybody is looking to the economy, and the Trump administration has facilitated one of the greatest booms our country has ever seem. “But that’s from Obama!” B.S.

Anonymous
Anonymous

Oh, sorry you were unemployed the whole time Obama was president. And it’s too bad nothing was built in Miami or this country for that matter during Obama’s whole eight years in office.

Man, it’s been one helluva building boom in Miami and the nation in Trump’s less than two years as president.

Anonymous
Anonymous

That is all you’re getting. A ride to nowhere on the dummy train!

Anonymous
Anonymous

More like a ride off of a cliff.

Anonymous
Anonymous

Shut up
Not a question of IQ
It’s a matter of choice.
Relax and take a chill pill

Anonymous
Anonymous

I stopped voting Republican when I finally realized all Republicans do is lower taxes and then borrow money to fund subsidies for their corporate donors expecting us millennials to pay for that debt in the future.

Anonymous
Anonymous

How you Milleniuns are going to pay,if you hardly work and still in your parents house?

Anonymous
Anonymous

Millennials leverage technology to work less yet produce more. I see it all the time. It’s incredible how long it takes baby boomers to do simple things in Word or Excel.

Anonymous
Anonymous

Yeah, millennials as usual don’t create it, all they have to do is learn how to use it.

Anonymous
Anonymous

You mean like all the debt Obama racked up in eight years? Coming from a millennial myself, if I were you I’d be more concerned about paying off your student loans from you liberal gender studies degree. I suppose I feel sorry for you when your boomer parents spent all your inheritance on Viagra, yoga lessons, and cruises to the Bahamas to fill the void from their sex, drugs, and rock-and-roll upbringing.

Ex-Republican/Free Mkt and Melting Pot Proponent
Ex-Republican/Free Mkt and Melting Pot Proponent

You better check yourself, idiot. Repubs lost the ability to talk about fiscal discipline when you took the deficit to nearly a trillion in a peacetime, growing economy. You can only do that in times of crisis, which is what Obama did before chipping away at it each year. President Dump on the other hand has set us on a track for fiscal ruin.

Anonymous
Anonymous

Do why the economy is booming??

Anonymous
Anonymous

It started booming under Obama’s watch. It’s been going in an upward projection before Trump took office.

Sheesshh.. will you Republitards please do some fact checking instead of buying everything that comes out of Cheetoman’s mouth.

Anonymous
Anonymous

Obama predicted that it will be impossible to increase the GPD, how can you explain this booming economy is because of him?

Anonymous
Anonymous

It was slowly steady under Obama watch ….

Afi Keita James
Afi Keita James

the same nobama who tried to kill American sovereignty with the trans pacific partnership, what a joke.

Anonymous
Anonymous

When is Mexico going to pay for that wall? You idiot? You believed that yellow canary when he promised you Mexico would pay for America to build a wall to keep out Mexicans! Maybe now you can see how stupid you really are, or, maybe you’re too embarrassed to talk about it.

Anonymous
Anonymous

A true capitalist believes in free trade. You sir, are a communist.

Anonymous
Anonymous

Yeah, that’s the Obama who didn’t get Russians to bail him out with loans or the president who said he “loves Kim Jong-un.”

Anonymous
Anonymous

Two years in, and it’s still all Obama’s credit under two years of a Republican Congress and six the House? Come on…

Anonymous
Anonymous

Precisely because we borrowed from the future to fund the present, dummy. Learn economy.

Anonymous
Anonymous

This blog is supposed to be about the new Miami
Why replicate the View here?

Anonymous
Anonymous

LOL, except Keynesian economics has never works, and all the money Obama threw at the economy did nothing. It started to recover when the Republicans took Congress, so go figure. It was the same with Clinton when he dug us further into a recession, and then the Republicans won Congress and the economy rebounded because he couldn’t touch everything to destroy it, except the countless women’s lives that Hillary destroyed because he couldn’t keep his pants on.

Anonymous
Anonymous

Um, yeah. Uh, remind me again how the republicans acted when Obama introduced to them his Stimulus Package?

Anonymous
Anonymous

Actually your yellow canary has already racked up a trillion in less than two years. Just wait until the final tally is made public.

Anonymous
Anonymous

Actually, my parents are conservative, they paid for my college so I have no student debt, I studied finance, and have a job with a decent salary. Both republicans and democrats rack up debt. Did you forget about a little something called the Iraq war? I’d prefer lower taxes and low spending but if the government is going to spend money I’d prefer they spend it on infrastructure, education, healthcare, etc.

Anonymous
Anonymous

Yep, actually they took it from everyone’s social security and Medicare funds that they deducted from people’s paychecks over their working lives. A bunch of thieves!

Anonymous
Anonymous

Type error “that’s the reason I will never vote for Democrats “

Afi Keita James
Afi Keita James

I think both political parties are a disaster.

Anonymous
Anonymous

I used to be a Ron Paul fan too. Then I grew up, got a job, and moved out of my parents house

Anonymous
Anonymous

Please don’t! Continue voting for crooked repugnants. You’re too stupid to be a Democrat.

Anonymous
Anonymous

They might want to run back if Gillum wins.

Anonymous
Anonymous

I agree 100% as I moved here recently from NYC and i am following the local election very closely. We are importing Liberals who flee the policies they support up east and they will vote for the same policies down here. Not what I envisioned coming down here.

To keep on topic… build new Class A office space!

Anonymous
Anonymous

They recreate their old situations and then run to the next place and ruin it again. Hes going to wreck the Florida economy.

Anonymous
Anonymous

Um, read the article again, it says “a trend triggered by changes to tax laws this year, limiting state and local tax deductions to $10,000.”

Cut it out with the “sky is falling” doom an gloom.

Anonymous
Anonymous

And yet California and New York are still a lot richer than Florida.

Anonymous
Anonymous

Venezuela was one of the richest countries in Latin America, and look how the wealth disappeared. California is only rich because of Silicon Valley and Hollywood, while the rest is quickly becoming Third World. The middle class which made it prosperous all moved to Texas, Arizona, and yours truly.

Afi Keita James
Afi Keita James

and Nevada.

Anonymous
Anonymous

Florida is not Venezuela, we have no oil wealth to squander. Also, I don’t believe Gillum is saying he will nationalize all private enterprise and introduce price controls. If you call everybody you disagree with a socialist the word will lose all meaning. Also, if California was so bad don’t you think silicon valley would have moved a long time ago? If you were as prosperous as you say you are I don’t think you would have moved to Arizona. It seems you may have missed out on the prosperity and had to move somewhere more affordable.

¯\_(ツ)_/¯
¯\_(ツ)_/¯

“Build new Class A office space!” THIS!!! SO MUCH THIS!!! The last thing the downtown core needs is another hotel or Italian foodhall.

Anonymous
Anonymous

They are building more Class A office in downtown Gables and Grove where it is cheaper than Brickell. Companies, just like people, don’t always want to pay exorbitant rates.

Anonymous
Anonymous

👋 bye bye wealth if Gillum wins!! Redistribución and taxation will decrease the wealth and eat the money to pay funds and pensions like in Detroit!!!

Anonymous
Anonymous

Whose wealth???

Anonymous
Anonymous

Middle class

Anonymous
Anonymous

It’s redistribution not redistribución. You are going to have to speak English if you want to stay in Trump’s Amrtica. MAGA!

Anonymous
Anonymous

My cell phone corrector is in Spanish, French and English…. will talk when you master more than one language 💪

Anonymous
Anonymous

He doesn’t have to, he’s in his own country, unlike like you who migrated here.

Anonymous
Anonymous

It’s spell check not corrector. My cell phone spell check is in American cause this is ‘Merica.

Anonymous
Anonymous

You mean, there’s a language called American?

Anonymous
Anonymous

It’s “we’ll talk” or “we will talk” not will talk if you are referring to the fact that you will only speak to me once I learn your foreign language. You didn’t even realize I spelled America wrong. Learn English if you want to jump on the Trump train. Unless of course you are a secret liberal.

Anonymous
Anonymous

He won’t. He wouldn’t even be able to win in California.

Anonymous
Anonymous

Typical CONservative. It’s people like you that made me leave the Republican party. Our taxes in Florida will still be lower than the NE and California. BTW, Washington state is full of liberals and they have no personal income tax either.

Anonymous
Anonymous

“people like me” Well i’m also black so did you leave because im black ?

Anonymous
Anonymous

Yeah, he did, because he knew how stupid and gullible some whites can be, but I’m sure he was surprised when he saw how many lost black people like you there are in the republicon party that falls for Trumps BS also.

Anonymous
Anonymous

The article clearly states – “is part of a trend triggered by changes to tax laws this year.”

Can you Republicans read even the simplest things?

Anonymous
Anonymous

Can you even read the conversation chain to see how this discussion started?

Anonymous
Anonymous

Uh, wtf?