Nevada, which has no capital-gains tax and no estate tax, is grabbing the attention of Washingtonians.

Nevada, which has no capital-gains tax and no estate tax, is grabbing the attention of Washingtonians.

Photographer: Michael Lee/Getty Images

Las Vegas Lures Seattle Millionaires Fleeing Taxes on Their Wealth

The US gambling capital is eager to attract more money and tech savvy while the land of Amazon.com and Microsoft pursues the US's first wealth tax.

At a Christmas party last year in Las Vegas, nearly a dozen wealthy former residents of Washington state compared notes on their transition to the desert.

They agreed that the sunshine was nice. Even better was the feeling that the state of Nevada wanted them to be there.