Technology

59472 readers

4900 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

537

Texas Attracted California Techies. Now It’s Losing Thousands of Them. (www.texasmonthly.com)

submitted 6 months ago by lautan@lemmy.ca to c/technology@lemmy.world

143 comments fedilink hide all child comments

The “Texas Miracle” loses some of its magic as Oracle announces it’s moving its new HQ out of Austin and Tesla lays off nearly 2,700 workers.

you are viewing a single comment's thread
view the rest of the comments

[–] hperrin@lemmy.world 116 points 6 months ago* (last edited 6 months ago) (4 children)

Also, just because Texas doesn’t have income tax doesn’t mean you don’t pay taxes. Your taxes come from other places, like property tax, and they don’t provide you with a great living experience like they do in California.

[–] wjrii@lemmy.world 63 points 6 months ago

The article even addresses this. Texas Monthly in general is a good gauge of the "44%" of Texas that isn't crazy, or at least is crazy in the silly fun way.

Meanwhile, Texas is not a low-tax, low-service state, as is commonly held. It’s a high-tax, low-service state: we may have no income tax, but at least one study found that we have one of the ten highest total tax burdens in the nation, with property taxes making up most of the gap. The quality of state services, however, has not improved commensurate with the growth of state budgets.

[–] Bonskreeskreeskree@lemmy.world 19 points 6 months ago

Toll the shit out of anyone trying to go highway speeds

[–] scarabic@lemmy.world 11 points 6 months ago (1 children)

I’m in CA and while state taxes exist, they are a really small part of the taxes I pay. It’s such a small amount, i can’t imagine anyone moving to motherfucking Texass to escape them. Unless they already want to go.

[–] hperrin@lemmy.world 15 points 6 months ago

It’s the CEOs that want to go. They try to drag everyone else with them. Then when half the talent doesn’t go, and they can’t find enough talent there, they realize why they were in California in the first place.

[–] moitoi@lemmy.dbzer0.com 5 points 6 months ago

Isn't Texas built on the same letters as taxes? They need money to run the state or print it (what is a bad idea anywhere).

Texas promotes itself with the no income taxes, but what the state provide afterward is another story. People believe in the argument and discover the reality. Your neighbor backyard isn't greener. If you cut a tax, you either take the money somewhere else or cut your expense. People discover that paying taxes provides some benefits...