4 ms·

what's wrong with moving to Texas? a lot of tech companies is in Texas.

• minimaxir 4y ago
  Because of the tax breaks.
  • s1artibartfast 4y ago
    Sounds like a benefit for everyone involved
    • kevin_thibedeau 4y ago
    • Gibbon1 4y ago
      Texas doesn't tax high earners as much as California. And taxes lower income people more while providing fewer services.
      • s1artibartfast 4y ago
        Do you think higher taxes are intrinsically good? State tax revenue per capita are in Texas is about 35% of California's.
        • Gibbon1 4y ago
          > State tax vs city and county taxes.
          • s1artibartfast 4y ago
            For state, Texas per capita revenue was 2.2k to Californias 6.3k. Do you have numbers for city and county? Best I could find was this: https://taxfoundation.org/state-local-tax-collections-per-capita-2021/ https://taxfoundation.org/state-local-tax-collections-per-ca...
  • roenxi 4y ago
    It is quite possible that Musk has given California more in taxes than everyone commenting on HN today, combined. A quick search suggests [0] he has order-of-magnitude billions in Californian tax liabilities. If he doesn't think there is value for money, it is appropriate that he moves. He doesn't have a moral responsibility to prop up California if he doesn't think they are spending his money effectively. [0] https://www.mercurynews.com/2021/11/30/elon-musks-california-exit-can-save-him-2-billion-in-taxes/ https://www.mercurynews.com/2021/11/30/elon-musks-california...
• klyrs 4y ago
  > what's wrong with moving to Texas? It's overrun with Californians