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muzz
searching PlanetScale…
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19 ms
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181.
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by
muzz
5y ago
Is logging out of those apps not sufficient enough?
182.
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muzz
5y ago
Why would they have access to the files in the cloud drive? She could log out of her Google account remotely without ever touching that phone.
183.
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muzz
5y ago
This basically exists in many places in the form of the Homestead Exemption. It's not exactly the first property owned, but the property that the owner lives in.
184.
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muzz
5y ago
Agree with everything but the last sentence. Not sure how that could be the case-- if your actual costs are the same as your revenue your taxable income is zero but your cash flow would also be zero.
185.
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muzz
5y ago
> They have big expansion plans and most of that is outside of California You might want to tell Tesla that. They just added a ton of office space in Palo Alto: https://www.mercurynews.com/2021/10/08/tesla
186.
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muzz
5y ago
The "HQ move" was little more than a paper change-of-address
187.
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muzz
5y ago
"because that part of Texas is inefficient" doesn't seem like a great answer
188.
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muzz
5y ago
Then why do it? That amount could pay for lots of schools to built etc
189.
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muzz
5y ago
There's no evidence of this either. The contra-evidence is: https://www.capolicylab.org/wp-content/uploads/2021/03/CalEx...
190.
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muzz
5y ago
The data is from the USPS. Sorry if it doesn't match some anecdotes
191.
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muzz
5y ago
This is why we have markets. This news is now public, and TSLA is down today, ie investors have decided it is worth less after the news than before it.
192.
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muzz
5y ago
No homestead exemption. Roughly 3.1% tax rate. Northwest corner of Austin, in the 78717 zip code. Leander ISD if I recall correctly. California taxes were affected by CA deduction, CA personal exemption, and 401k (which I didn't max
193.
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muzz
5y ago
Elon personally potentially saving billions in taxes might have a lot to do with both of those ie his move and then the company's move. As an investor in the company, I am concerned about that (that this change was done to benefit one
194.
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muzz
5y ago
Not sure why this comment is being down-voted, but I do agree with it somewhat. As an outsider, I see other states like Washington state also having no state income tax, but none of the kind of writing when companies move there or form the
195.
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muzz
5y ago
I think GP's point was more about wondering whether this change is beneficial to the company, or mainly beneficial to Elon. I think that's a very valid question.
196.
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muzz
5y ago
There is no "large exodus" of people moving out of California. The number of people moving from San Francisco to Austin in a year is something like 240 households. https://www.sfchronicle.com/bayarea/article&
197.
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muzz
5y ago
That sounds really bad. What are the specific problems with sewage there?
198.
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muzz
5y ago
For two years before the pandemic, I carpooled with Tesla HQ employees almost one a week (depending on who I got matched with on a particular day) and I only live 15 miles away.
199.
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muzz
5y ago
There was no announcement of sizeable numbers of relocations. Anecdotally, my friends that work in Palo Alto are staying put
200.
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muzz
5y ago
> though I personally think it inflates home prices in CA above their "true" market value and disincentivizes anyone from selling/moving Exactly. And this is important for potential homeowners to understand. It is one of
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muzz
5y ago
A decade ago, I owned a 200k house in Austin while making a 6-figure salary in California-- I paid more in property taxes on the house in Austin than I did on income taxes on my income in California.
202.
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muzz
5y ago
Everyone I've talked to is staying put. Friends, families, social roots, etc are deep I guess.
203.
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muzz
5y ago
Yeah it's been about a 30-year drought for the Austin area since Dell
204.
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muzz
5y ago
Usually it's one third if the case was taken on contingency. They might have done it pro bono though in which case it would be zero
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muzz
5y ago
Yes and hit highlights that this is a choice, ie the choice of how to invest the surplus. Social Security happens to buy US debt with that surplus, but it could have invested it elsewhere ie stocks if it were allowed to. (Of course there ar
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muzz
5y ago
> over all CA is one of only a few states that have a net Population LOSS over the last 10 years This is simply wrong. Your links all clearly indicate CA had a population loss for the first time ever in the year 2020. Not for the entire
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muzz
5y ago
Google and others also bought offices in places like Sunnyvale, north San Jose (not the downtown site but rather a separate one), etc
208.
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by
muzz
5y ago
but what about these tech Atlases...
209.
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muzz
5y ago
This should have been absolutely expected. Tech giants were even buying up offices during the pandemic ostensibly in anticipation of larger workforces in the Bay Area.
210.
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muzz
5y ago
The data I've seen contradicts your assertion https://www.wsj.com/articles/the-bay-area-exodus-that-wasnt-...
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