Palm Beach has become known as a haven for transplants seeking tax relief, especially those from high-end towns in states that levy both a state income tax and an estate tax — California, New York, New Jersey, Connecticut and Massachusetts, to name a few.
But even so, the island’s property tax bills are still loaded with digits that would qualify as big bucks in just about anyone’s estimation, thanks to the home and land values set annually by the Palm Beach County Property Appraiser’s office.
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He came in number 22 in the top 30 taxpayers in the town.
$517,112. Market value of his house is $44 million.