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> It’s weak companies fleeing to a place where the government is more willing to subsidize their operations at the expense of their residents. A major problem
by kodablah 6y ago
> It’s weak companies fleeing to a place where the government is more willing to subsidize their operations at the expense of their residents.
A major problem of large public sectors and large tax burdens is citizenry that thinks a government not taking more than it needs to operate is "subsidizing businesses at the expense of residents". Consider the alternative where representative governments intentionally take less at the behest of their citizens. Granted it's not always that way, but much more so than assuming the residents and business interests don't ever align and the government is always against the residents.
This especially doesn't apply in Texas where many of these relocations, while abatements exist, are often in relatively small/growing suburbs and are often encouraged by their residents. If anything, companies are moving from away state level impositions to more local ones where representation is often clearer and it's easier to leave/avoid if you disagree both as a citizen and a business.
- djcapelis 6y agoI live in CA rather than Texas because I expect the state to take some of the wealth we create with the common infrastructure we’ve built like excellent public education etc and reinvest it in our communities. That’s why so many companies chose to be here and have their highest paid positions here too. Other communities in other states are welcome to bend over backwards to enthusiastically attract our tablescraps and feel like it’s a win to their communities to have them. But they don’t get to expect to be taken seriously if they tell us to change how we run our state to be more like them.
- primrose 6y ago> excellent public education Looks like Texas has California beat on that metric: https://worldpopulationreview.com/state-rankings/public-school-rankings-by-state https://worldpopulationreview.com/state-rankings/public-scho... One of the largest school districts, LA public schools, is notoriously bad. Maybe, it's Texas throwing us scraps.
- djcapelis 6y agoPick your favorite ranking of world universities and let me know how many California universities you have to pass before you find a Texas institution on the list.
- primrose 6y agoIt's great that universities here are stellar. But the K-12 students are taking a hit. I feel bad for the vast majority of children going to school in this state.