5 ms·

I moved from Austin,TX to CA many years ago, and everyone told me I would be crazy moving to a state with over regulation and high taxes. I told them I did the

by sngz 4y ago

I moved from Austin,TX to CA many years ago, and everyone told me I would be crazy moving to a state with over regulation and high taxes. I told them I did the math one day when looking to purchase property, and I'd be paying more taxes in Austin than CA. I also prefer much more over regulation than lack of regulations. And this was wayyyy before the whole fiasco with the winter storm. I am so glad I moved. now if I were to start a business on the other hand, then things would be different.

WalterBright 4y ago
> now if I were to start a business on the other hand, then things would be different. That says it all, doesn't it! Drive out the businesses, and the tax revenue will dry up. As for the power grid, California has massive problems with it. Washington State is suing to block a natural gas pipeline to California, so California will burn filthy coal instead.
- lotsofpulp 4y ago
  Considering the market capitalization of the businesses that have come out of California or added significant presence in California during the last 40 or 50 years, they are doing a terrible job driving out businesses and tax revenue.
  - WalterBright 4y ago
    Hows it doing in the last year? There's a current bill working through the CA legislature that will shut down small time fast food franchises.
    - lotsofpulp 4y ago
      Surely decades of producing multiple businesses leading the world in pretty much all business metrics is more indicative of business climate than 1 year. Maybe whatever laws in the past year dethroned California, but I am not willing to bet on it.
      - WalterBright 4y ago
        We'll see, won't we. CA will always have an advantage due to its climate and ports. But other countries have still managed to squander such advantages.
        lotsofpulp 4y ago
        WA was in prime position to take advantage of California’s missteps, if only it had not neutered its non compete ban by excluding people earning over $100k.
- danans 4y ago
  > Washington State is suing to block a natural gas pipeline to California, so California will burn filthy coal instead. California's electric grid has problems, but burning coal isn't one of them. Coal represents 0.15% of electricity generation in the state and 3% of overall power consumption when accounting for power imports. Also, coal isn't used for peaker plants, which is what California uses a lot of natural gas for. That service will be replaced by dispatchable storage and loads.
  - WalterBright 4y ago
    The question is, what will California burn with that natural gas pipeline scuttled? Coal.
    - danans 4y ago
      California has very few coal plants left, so the likelihood that it will replace that natural gas capacity with coal is very low. Please feel free to provide a citation for your assertion though. The state isn't building new coal capacity at all. It's cheaper by nearly every metric to build renewables and storage than build new coal capacity, or just import natural gas from another source.
    - jackmott42 4y ago
      [flagged]
- bandyaboot 4y ago
  > That says it all, doesn't it! No, it says the comparison is a lot more nuanced than some would like to believe.
  - WalterBright 4y ago
    Start a business in CA and tell us how it works out.
    - tombert 4y ago
      Is this a joke? Like, I agree taxes are lower for businesses in Texas, but you'd be hard pressed to say that businesses in California "don't work out". Isn't the entirety of Silicon Valley in, you know, California?
      - WalterBright 4y ago
        This doesn't seem very business friendly: https://www.wsj.com/articles/big-labor-eats-small-business-in-california-fast-act-counter-service-union-minimum-wage-franchise-entrepreneurs-newsom-11661107715 https://www.wsj.com/articles/big-labor-eats-small-business-i...
        tombert 4y ago
        I don't have a WSJ membership so I cannot read it, but I really don't think sending me an opinion piece is very good evidence of anything.
        WalterBright 4y ago
        You can ignore the opinion part and look at the facts presented. The piece contains links to the facts it presents. It's about the FAST Recovery Act. You can google it and see for yourself.
    - sngz 4y ago
      I actually did and its fine. Would I save a bit more money if I did it in TX? yes but I'm doing fine in California and I enjoy living and running my side business here.
- sngz 4y ago
  > Drive out the businesses, and the tax revenue will dry up. yes for Texas. California is doing fine too cause different businesses want to be here for other reason and pay the tax for it and they are fine. I was not implying one is better than the other I was stating what was best for my situation and was glad I moved away from Texas.
asdjfhjlaksdhf 4y ago

by sngz 4y ago

WalterBright 4y ago

> now if I were to start a business on the other hand, then things would be different. That says it all, doesn't it! Drive out the businesses, and the tax revenue will dry up. As for the power grid, California has massive problems with it. Washington State is suing to block a natural gas pipeline to California, so California will burn filthy coal instead.

lotsofpulp 4y ago
Considering the market capitalization of the businesses that have come out of California or added significant presence in California during the last 40 or 50 years, they are doing a terrible job driving out businesses and tax revenue.
- WalterBright 4y ago
  Hows it doing in the last year? There's a current bill working through the CA legislature that will shut down small time fast food franchises.
  - lotsofpulp 4y ago
    Surely decades of producing multiple businesses leading the world in pretty much all business metrics is more indicative of business climate than 1 year. Maybe whatever laws in the past year dethroned California, but I am not willing to bet on it.
    - WalterBright 4y ago
      We'll see, won't we. CA will always have an advantage due to its climate and ports. But other countries have still managed to squander such advantages.
      - lotsofpulp 4y ago
        WA was in prime position to take advantage of California’s missteps, if only it had not neutered its non compete ban by excluding people earning over $100k.
danans 4y ago
> Washington State is suing to block a natural gas pipeline to California, so California will burn filthy coal instead. California's electric grid has problems, but burning coal isn't one of them. Coal represents 0.15% of electricity generation in the state and 3% of overall power consumption when accounting for power imports. Also, coal isn't used for peaker plants, which is what California uses a lot of natural gas for. That service will be replaced by dispatchable storage and loads.
- WalterBright 4y ago
  The question is, what will California burn with that natural gas pipeline scuttled? Coal.
  - danans 4y ago
    California has very few coal plants left, so the likelihood that it will replace that natural gas capacity with coal is very low. Please feel free to provide a citation for your assertion though. The state isn't building new coal capacity at all. It's cheaper by nearly every metric to build renewables and storage than build new coal capacity, or just import natural gas from another source.
  - jackmott42 4y ago
    [flagged]
bandyaboot 4y ago
> That says it all, doesn't it! No, it says the comparison is a lot more nuanced than some would like to believe.
- WalterBright 4y ago
  Start a business in CA and tell us how it works out.
  - tombert 4y ago
    Is this a joke? Like, I agree taxes are lower for businesses in Texas, but you'd be hard pressed to say that businesses in California "don't work out". Isn't the entirety of Silicon Valley in, you know, California?
    - WalterBright 4y ago
      This doesn't seem very business friendly: https://www.wsj.com/articles/big-labor-eats-small-business-in-california-fast-act-counter-service-union-minimum-wage-franchise-entrepreneurs-newsom-11661107715 https://www.wsj.com/articles/big-labor-eats-small-business-i...
      - tombert 4y ago
        I don't have a WSJ membership so I cannot read it, but I really don't think sending me an opinion piece is very good evidence of anything.
        WalterBright 4y ago
        You can ignore the opinion part and look at the facts presented. The piece contains links to the facts it presents. It's about the FAST Recovery Act. You can google it and see for yourself.
  - sngz 4y ago
    I actually did and its fine. Would I save a bit more money if I did it in TX? yes but I'm doing fine in California and I enjoy living and running my side business here.
sngz 4y ago
> Drive out the businesses, and the tax revenue will dry up. yes for Texas. California is doing fine too cause different businesses want to be here for other reason and pay the tax for it and they are fine. I was not implying one is better than the other I was stating what was best for my situation and was glad I moved away from Texas.

asdjfhjlaksdhf 4y ago