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Sure, we can just keep on increasing taxes until all the top earners leave for cheaper areas. I prefer low taxes. What's there to lose by building towns at a

Sure, we can just keep on increasing taxes until all the top earners leave for cheaper areas. I prefer low taxes. What's there to lose by building towns at a human scale? Personally, I can live without Fauxrari speeding past my door at 2 am.

pmoriarty 4y ago
Tax Flight Is a Myth: Higher State Taxes Bring More Revenue, Not More Migration: https://www.cbpp.org/research/state-budget-and-tax/tax-flight-is-a-myth https://www.cbpp.org/research/state-budget-and-tax/tax-fligh...
- refurb 4y ago
  That’s a high quality study! “It found that while the net out-migration rate of this income group accelerated after the tax increase went into effect, so did the net out-migration rate of filers with incomes between $200,000 and $500,000, and by virtually the same amount.” That’s their argument high taxes don’t drive people elsewhere?
  - forum_ghost 4y ago
    Luckily Texas is 32nd in tax burden, and has zero state income tax.
    - CaptainZapp 4y ago
      Then again, Texans may be in deep shit if the weather turns too cold or too hot and the power grid conked yet again. Believe it or not, but a well maintained infrastructure has a lot to do with adequate taxation and regulation.
      - bin_bash 4y ago
        I just bought a generator with some of the tens of thousands I’m saving by not paying CA tax anymore
      - refurb 4y ago
        Indeed, unlike say, California whose high taxes have helped create a robust electrical infrastructure which hasn’t randomly started fires destroying entire towns (and killing dozens) and doesn’t have rolling blackouts each summer. Is that what you mean?
      - forum_ghost 4y ago
        ERCOT’s CEO was fired over the incident im sure you are referring to. fired within weeks. Who’s getting fired over California’s blackouts? Let me guess, it’s all just climate change?
      - User23 4y ago
        Texas has other even more terrifying fragilities that I'm not going to get specific on, because they're that scary and I don't want to give crazy people ideas.
    - deleted 4y ago
      [deleted]
    - bliteben 4y ago
      Texas property taxes are insanely high, I would would consider moving to be closer to family, but I am pretty averse to the annual taxes at the properties that would appeal to me there (10k - 20k annual taxes).
      - deleted 4y ago
        [deleted]
- john567 4y ago
  No it's not. I'm currently contemplating leaving my country of residence because absurd tax rates. I'm a productive member of society and high earner but I'm starting to loose faith in my institutions. If you keep on taxing, and fail your responsibilities, people get fed up and leave, that's what they do. Only the people that don't have the means to leave stay creating a particular nasty downward spiral of people without jobs and home ownership dependent on government subsidies.
  - ForHackernews 4y ago
    > No it's not. I'm currently contemplating leaving my country Cool, your N=1 anecdote completely invalidates all the statistical research in that area.
    - Aeolun 4y ago
      Since the article is about state taxes, and the OP is talking about national taxes, I don’t think they’re mutually exclusive.
    - john567 4y ago
      N=1 isn't an argument either. I'm simply saying what a lot of people in my situation also thinks. It's just sensible that you don't stay because you like paying taxes. You stay where you are because of family and friends. To say that it doesn't influence people decision is deceiving. > all the statistical research in that area. Calling BS on that right there
  - nicoburns 4y ago
    > If you keep on taxing, and fail your responsibilities, people get fed up and leave, Well sure. But that's probably true of "fail your responsibilities" regardless of tax rate. Nobody wants to live in a state without a well-functioning government.
  - deleted 4y ago
    [deleted]
  - throwaway2037 4y ago
forum_ghost 4y ago
>I prefer low taxes. Texas is 32rd in terms of tax burden, you will prefer it. >Personally, I can live without Fauxrari speeding past my door at 2 am. That’s an enforcement problem. If you think this doesn’t happen in dense cities, with way more sports carts and way more bars, idk what to tell you. I’ve literally moved to suburbia to escape the city noise. In my case it was fire engines passing by literally every 10 minutes. That’s normal in a dense “human-scale” city centre, but very rare in the suburbs.
- jacobolus 4y ago
  > moved to suburbia to escape the city noise City noise is almost all from automobiles https://www.youtube.com/watch?v=CTV-wwszGw8 https://www.youtube.com/watch?v=CTV-wwszGw8

pmoriarty 4y ago

Tax Flight Is a Myth: Higher State Taxes Bring More Revenue, Not More Migration: https://www.cbpp.org/research/state-budget-and-tax/tax-flight-is-a-myth https://www.cbpp.org/research/state-budget-and-tax/tax-fligh...

refurb 4y ago
That’s a high quality study! “It found that while the net out-migration rate of this income group accelerated after the tax increase went into effect, so did the net out-migration rate of filers with incomes between $200,000 and $500,000, and by virtually the same amount.” That’s their argument high taxes don’t drive people elsewhere?
- forum_ghost 4y ago
  Luckily Texas is 32nd in tax burden, and has zero state income tax.
  - CaptainZapp 4y ago
    Then again, Texans may be in deep shit if the weather turns too cold or too hot and the power grid conked yet again. Believe it or not, but a well maintained infrastructure has a lot to do with adequate taxation and regulation.
    - bin_bash 4y ago
      I just bought a generator with some of the tens of thousands I’m saving by not paying CA tax anymore
    - refurb 4y ago
      Indeed, unlike say, California whose high taxes have helped create a robust electrical infrastructure which hasn’t randomly started fires destroying entire towns (and killing dozens) and doesn’t have rolling blackouts each summer. Is that what you mean?
    - forum_ghost 4y ago
      ERCOT’s CEO was fired over the incident im sure you are referring to. fired within weeks. Who’s getting fired over California’s blackouts? Let me guess, it’s all just climate change?
    - User23 4y ago
      Texas has other even more terrifying fragilities that I'm not going to get specific on, because they're that scary and I don't want to give crazy people ideas.
  - deleted 4y ago
    [deleted]
  - bliteben 4y ago
    Texas property taxes are insanely high, I would would consider moving to be closer to family, but I am pretty averse to the annual taxes at the properties that would appeal to me there (10k - 20k annual taxes).
    - deleted 4y ago
      [deleted]
john567 4y ago
No it's not. I'm currently contemplating leaving my country of residence because absurd tax rates. I'm a productive member of society and high earner but I'm starting to loose faith in my institutions. If you keep on taxing, and fail your responsibilities, people get fed up and leave, that's what they do. Only the people that don't have the means to leave stay creating a particular nasty downward spiral of people without jobs and home ownership dependent on government subsidies.
- ForHackernews 4y ago
  > No it's not. I'm currently contemplating leaving my country Cool, your N=1 anecdote completely invalidates all the statistical research in that area.
  - Aeolun 4y ago
    Since the article is about state taxes, and the OP is talking about national taxes, I don’t think they’re mutually exclusive.
  - john567 4y ago
    N=1 isn't an argument either. I'm simply saying what a lot of people in my situation also thinks. It's just sensible that you don't stay because you like paying taxes. You stay where you are because of family and friends. To say that it doesn't influence people decision is deceiving. > all the statistical research in that area. Calling BS on that right there
- nicoburns 4y ago
  > If you keep on taxing, and fail your responsibilities, people get fed up and leave, Well sure. But that's probably true of "fail your responsibilities" regardless of tax rate. Nobody wants to live in a state without a well-functioning government.
- deleted 4y ago
  [deleted]
- throwaway2037 4y ago

forum_ghost 4y ago

>I prefer low taxes. Texas is 32rd in terms of tax burden, you will prefer it. >Personally, I can live without Fauxrari speeding past my door at 2 am. That’s an enforcement problem. If you think this doesn’t happen in dense cities, with way more sports carts and way more bars, idk what to tell you. I’ve literally moved to suburbia to escape the city noise. In my case it was fire engines passing by literally every 10 minutes. That’s normal in a dense “human-scale” city centre, but very rare in the suburbs.

jacobolus 4y ago
> moved to suburbia to escape the city noise City noise is almost all from automobiles https://www.youtube.com/watch?v=CTV-wwszGw8 https://www.youtube.com/watch?v=CTV-wwszGw8