3 ms·
I can't imagine something like this working out well here. In the current environment, I'd imagine a big chunk of the tech force that can work remotely will sim
by vondur 5y ago
I can't imagine something like this working out well here. In the current environment, I'd imagine a big chunk of the tech force that can work remotely will simply leave the state. This would devastate the states income tax collection.
- deleted 5y ago[deleted]
- _moof 5y agoLike most states, nonresidents owe California tax on income from California sources.
- KerrAvon 5y agoThe actual law is a bit more complicated than that. California is unusually aggressive about tax enforcement compared to the IRS and most other states, but if you're for example working for a California-based FAANG in Austin, you're probably not paying CA tax. (This is not tax advice, I'm not a tax advisor, etc.)
- dragonwriter 5y agoNo, like most states, nonresidents owe California tax on income earned from work in the state, regardless of the source, not based on the source of the income.
- jjav 5y agoWhy you think so? As a highly paid tech worker, if this were to pass (I doubt, insurance companies have too much political influence, but let's dream) it would make me stay in CA forever.