Sam Parr argues that moving to Puerto Rico for tax breaks is a mistake. The guest prefers high taxes because they fund the life he wants, and communities built around tax avoidance tend to be socially empty. People obsessed with taxes are less happy.
Should I move to Puerto Rico to save money in taxes? I would personally never ever move somewhere just to save on taxes.
Well, you've done the exact opposite. You live in the highest tax place in America, I believe.
Correct. And I'm totally fine with that because again, money enables me to live the life I want. The kinds of people who spend all their life worrying about taxes are some of the unhappiest people I know. So I don't ever want to get to that point. And sometimes when you move to a utopia with zero taxes, you're surrounded with everyone else that moved there for that reason. Your friends are other people who hate taxes. I don't know if that's the social circle I want.