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TN does not have a state income tax, and no longer taxes interest/dividend income either. Cost of housing is about an order of magnitude lower. Property taxes a
by ergonaught 2y ago
TN does not have a state income tax, and no longer taxes interest/dividend income either. Cost of housing is about an order of magnitude lower. Property taxes are lower. For the most part a radically lower population density. If you cross the Atlantic a lot, you don't have to spend 6 hours crossing North America first. If you're inspired to make The Handmaid's Tale a reality, don't like a whole lot of racial diversity, and love you some guns, TN and a majority of its population are friendlier to you.
- rayiner 2y agoIn practice the south is more "racially diverse" than the Bay Area, because minorities can actually afford to live near white people. Coming from Atlanta it was shocking to me how homogenous the Bay Area was.
- IncreasePosts 2y ago55% of the Bay area is Hispanic, Asian, or Pacific Islander. The major point how they differ is that the south has far more black people and fewer hispanics and Asians, vs the bay area having far more hispanics and Asians and far fewer blacks.
- rayiner 2y agoBut in say Palo Alto, you’ll rarely see black or Hispanic people outside service roles. It’s 85% non-Hispanic white or Asian, which is about as diverse as Wyoming. The south is economically flatter, which means people mix more. Also, because of its affordability, the south is the major destination for upwardly mobile black and Hispanic people.
- billh 2y ago> If you cross the Atlantic a lot, you don't have to spend 6 hours crossing North America first. Unfortunately Nashville International Airport doesn't have very many non-stop transatlantic flights so the geographic proximity savings is often eaten up by time spent connecting.
- gamblor956 2y agoWile Tennessee does not have a corporate income tax, it does have "business taxes" that are the same thing. And they also let counties and cities impose their own "business taxes" on companies. And these combined business taxes end up being more costly and time-consuming to businesses than a single state income tax return would have been. Property taxes are lower. TN has an average property tax rate of 0.9x%. Los Angeles County has an average property tax rate of 0.5x% (i.e., nearly half). Property taxes in LA are only higher on an absolute basis because the property subject to tax is worth more.