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Texas Attracted California Techies. Now It’s Losing Thousands of Them. (www.texasmonthly.com)

submitted 6 months ago by [email protected] to c/[email protected]

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The “Texas Miracle” loses some of its magic as Oracle announces it’s moving its new HQ out of Austin and Tesla lays off nearly 2,700 workers.

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[–] [email protected] 116 points 6 months ago* (last edited 6 months ago) (4 children)

Also, just because Texas doesn’t have income tax doesn’t mean you don’t pay taxes. Your taxes come from other places, like property tax, and they don’t provide you with a great living experience like they do in California.

[–] [email protected] 63 points 6 months ago

The article even addresses this. Texas Monthly in general is a good gauge of the "44%" of Texas that isn't crazy, or at least is crazy in the silly fun way.

Meanwhile, Texas is not a low-tax, low-service state, as is commonly held. It’s a high-tax, low-service state: we may have no income tax, but at least one study found that we have one of the ten highest total tax burdens in the nation, with property taxes making up most of the gap. The quality of state services, however, has not improved commensurate with the growth of state budgets.

[–] [email protected] 19 points 6 months ago

Toll the shit out of anyone trying to go highway speeds

[–] [email protected] 11 points 6 months ago (1 children)

I’m in CA and while state taxes exist, they are a really small part of the taxes I pay. It’s such a small amount, i can’t imagine anyone moving to motherfucking Texass to escape them. Unless they already want to go.

[–] [email protected] 15 points 6 months ago

It’s the CEOs that want to go. They try to drag everyone else with them. Then when half the talent doesn’t go, and they can’t find enough talent there, they realize why they were in California in the first place.

[–] [email protected] 5 points 6 months ago

Isn't Texas built on the same letters as taxes? They need money to run the state or print it (what is a bad idea anywhere).

Texas promotes itself with the no income taxes, but what the state provide afterward is another story. People believe in the argument and discover the reality. Your neighbor backyard isn't greener. If you cut a tax, you either take the money somewhere else or cut your expense. People discover that paying taxes provides some benefits...