this post was submitted on 27 Apr 2024
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537
Texas Attracted California Techies. Now It’s Losing Thousands of Them. (www.texasmonthly.com)
submitted 7 months ago by [email protected] to c/[email protected]
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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.

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[–] [email protected] 5 points 7 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...