2 ms·
Why we chose the Austin Area vs. elsewhere: 1. No Crime (NYC-Yikes) 2. No Personal Income Tax (Calif, Mass & NYC-Yikes!) 3. Low (all other) Taxes (Cali
by Scott_MacGregor 17y ago
Why we chose the Austin Area vs. elsewhere:
1. No Crime (NYC-Yikes)
2. No Personal Income Tax (Calif, Mass & NYC-Yikes!)
3. Low (all other) Taxes (Calif & NYC-Yikes!)
4. Low to basically non-existent business regulations & red-tape (Calf-Yikes!)
5. Reasonable Weather (Mass & NYC-Yikes!)
6. Reasonable Cost of Living (NYC-Yikes!)
Overall Austin seemed financially the best place because Texas does not tax any personal income and that is a big savings. Since both of us founders are from California on the minus side we have found Austin to be incredibly humid in the summertime and since we are still small we might give Seattle a try very soon.
Too bad the state government of California is not as business friendly as Texas, I’m sure a lot of companies would move back quickly.