Jason Hartman kicks off this 10th episode discussing the furthering trend of people fleeing high tax places like California and New York to tax favorable places such as Florida. It’s becoming a more and more common thing and states need to understand this before they run into even more fiscal difficulties.
Then Jason goes off topic with client Rabbi Evan Moffic, author of The Happiness Prayer: Ancient Jewish Wisdom for the Best Way to Live Today. The two discuss why the bible actually promotes wealth (and what we should DO with that wealth), as well as what gives people true happiness.
[2:47] Florida is bringing in billions of dollars as people flee high taxes
[8:45] California is passing laws to increase revenues and are becoming predatory on their citizens
[13:56] There’s no starter homes being built, so your properties won’t have any new competition
Rabbi Moffic Interview:
[17:26] Human beings are creators, and if you don’t get to create you don’t usually feel fulfilled
[19:59] Pleasure and happiness are two completely different things
[24:47] Plant a tree whose shade you will never sit under
[27:34] When you’re feeling sad the best thing you can do is do something nice for someone else
[31:19] The bible is a pro-wealth product that teaches us to use our wealth to serve others