By Sean Goldsmith in the S&A Digest:

More rich people fleeing absurdly high tax states...

Rochester, New York, billionaire Tom Golisano, founder of Paychex, the country's second-largest payroll processor, is fleeing New York's ludicrously high taxes and moving his permanent residence to Florida... where he'll save $13,800 a day in income taxes.

"I can put that money to a lot better use, whether it be charitable contributions or even to try to change the system," Golisano told reporters.

Golisano owns a home in Naples, Florida, and had been considering a permanent move for some time. When New York hiked taxes (its wealthiest now pay around 57%), "It was a very quick decision," he said. The move will save him at least $5 million a year. Though he will keep a residence in New York, he must be out of the state 184 days a year.

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More Atlas Shrugged:

Atlas Shrugged begins... New York turns on the rich

How and why the government will destroy New York City

Atlas Shrugged begins, Part II... New York taxes bite deeper and deeper