Florida real estate sees surge from Washington high earners fleeing new millionaire income tax, tell me about this news in (https://www.foxnews.com/media/florida-real-estate-surge-washington-high-earners-fleeing-millionaire-income-tax)

Florida real estate is experiencing a surge in demand driven by high-income earners from Washington state seeking to escape a new millionaire income tax. Washington recently enacted a 9.9% levy on annual adjusted gross income exceeding $1 million, set to take effect on January 1, 2028, alongside an existing 7% capital gains tax. Luxury real estate specialists have reported closed deals and strong interest from high-net-worth individuals moving to Florida, which imposes no state income tax or capital gains tax. Business surveys also indicate that a growing number of corporate leaders and residents are considering relocating their businesses or personal residences away from Washington due to the shifting tax environment.