DUE TO THE HIGH TAX RATE, OZZY OSBOURNE WILL BE MOVING OUT OF CALIFORNIA AND BACK TO THE UK
Ozzy Osbourne and Sharon Osbourne are moving out of Los Angeles and returning to the UK after 20 years stateside due to rising taxes in California, reports the Mirror.
The Black Sabbath legend, 73, and his wife, 69, are to head back to their home Welders House, in Buckinghamshire, with him having spoken about their plans recently.
The singer-songwriter explained, “We are leaving LA. We are a bit sad. But the tax is getting too much. I am sad because I really really like staying and living there.”
He further commented, “If they do the taxes better then I may come back. I do not know.”
“I am taking my recording studio with me. I am going to build a barn there and make my own studio at Welders. I will still be making music and my band will come over,” he added.
It’s understood that the US federal tax rate is 28%, and there is an additional 13% state tax in California, which the award-winning musician is said to pay on all his profits.
Osbourne has also spoken about how he is battling mental health problems as he struggled to cope with Parkinson’s, the pandemic and recovery from operations.
He explained, “Over the past three years I have got a therapist. When I was a kid in England, you would not go to a therapist because they’d think you were f*****g crazy.”
The singer-songwriter further commented, “It is OK. You ain’t stupid for going to a f*****g therapist, but you are stupid not to go if you need them…”