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danox said:karmadave said:Most employees will remain where they are or work from home. My own company, Dell, is based in Austin but has operations globally. This really doesn't change much. Companies will still pay state income taxes, on their local operations, and employees will still pay taxes in the state they reside. That said, I agree that California could take steps to make the state much more business friendly.
If so, you win..... you are extremely “tolerant”.
spice-boy said:sflocal said:hmlongco said:sflocal said:...and best of all, their state government stays out of the way.
My take on it is simply that office space, cost-of-living and housing has grown so high in the Bay area that moving elsewhere seems like a good deal.
Unfortunately for your rant, in all likelihood the net result of all of those people moving to Austin is that AUSTIN real estate prices are going to start skyrocketing, and that all of those transplanted people are going to want the same level of services they once had in CA.
The same exact thing happened to Colorado and Denver and Boulder a couple of decades ago when the tech boom hit with people moving there from CA... with the same exact result. Housing and COL went up, and the state started going Blue...Businesses provide jobs. Jobs fuel the economy. How California treats businesses versus Texas is a very different thing. People are moving to Texas too so they must be doing something right.Yes, people will move to Texas and other businesses and soon causing housing prices to go up. I'll bet Texas will be in a better position to deal with a good problem to have than anything remotely close to what California has done.Yeah, I have no problem my rant.California has some of the wealthiest people, they are now leaving and taking all the jobs they create with them. If the tax laws “were re-written to benefit the wealthiest”......wouldn’t they be staying?