731–740 of 747 posts
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And TX lacks a state income tax, meaning disposable income will actually be higher in Austin than the numbers above imply.
When a state doesn't have an income tax, doesn't that imply that they're getting those tax dollars from elsewhere?
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When a state doesn't have an income tax, doesn't that imply that they're getting those tax dollars from elsewhere?
Yeah usually from taxes around home ownership. People who rent have this hit them less.
Real property in general, not just homes (and even moreso, not just owner occupied homes.)
But also can be sales taxes.
> People who rent have this hit them less.
Wrong. Property taxes (even those limited to residential property) hit renters at least as much as people living in homes they own. Sure, the landlord gets the tax bill, but that immediately goes into setting rent.
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Yeah usually from taxes around home ownership. People who rent have this hit them less.
> Yeah usually from taxes around home ownership. Real property in general, not just homes (and even moreso, not just owner occupied homes.) But also can be sales taxes. > People who rent have this hit them less. Wrong. Property taxes (even those limited to residential property) hit renters at least as much as people living in homes they own. Sure, the landlord gets the tax bill, but that immediately goes into setting…
If you haven't seen this yet, this gambling site has Atlanta, GA / Boston, MA / Austin, TX as the top three choices for HQ2. http://www.paddypower.com/bet?action=go_type&ev_type_id=2271...
The cumulative odds on this site add up to larger than 100%. Austin (3:1) - 25% | Boston (3:1) - 25% | Atlanta (3:1)- 25% | DC (10:1) - 9% | Pitt (10:1) - 9% | Nyc (12:1) - 7.5% | Toronto ( 14:1) - 6% We're already at greater than 100% (106.5%). And there are 13 more cities with >= ~5% chance. It's pretty tough to have any faith in this site or their odds. Could've been an interesting data point to look at though.
Also NB: The odds don't reflect the bookie's opinion of what the real outcome will be. They reflect the bookie's opinion of gamblers' willingness to bet on each option. The bookie is trying to get the odds-adjusted amount bet on each option to be as close to equal as they can manage. That way, no matter what the outcome is, they can just take the money paid by the losers give some of it to the winners and then keep what is leftover for themselves.
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> Google HQ2 is rumored to be looking at Dallas. Do you mean Apple? Dallas should be a very credible option, even if it might be #2 in Texas, behind Austin.
Austin's airport makes it difficult to see that city working for Amazon. I hope it goes anywhere but Dallas! I live in Dallas.
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That’s not how labor markets work. Amazon engineers in Boston and Seattle will certainly be paid more on average than engineers from Pittsburgh or Atlanta.
Why not? I mean, if they can't get people to work for less wages, they have to offer higher ones.
It is supply and demand. People in highly competitive labor markets like Silicon Valley or Seattle will get a geographic differential. People in less competitive markets will get paid, but also enjoy a lower cost of living.
If you live in one of those less competitive areas and asked to be paid like someone in Silicon Valley, you better be rock star, nine times out of ten it will not happen.
Nice to see Toronto on the list, though game theory suggest that we're only here because having a Canadian Candidate has the potential to have all 3 levels of government involved rather than just state and city. I'm not really sure how to go about handicapping the finalists. Given the current political climate, Toronto is interesting because it's the only city that gives Amazon some escape form the US government. You…
Wages would be significantly lower in Canada and would be in Canadian dollars. That's a pretty big financial win for Amazon.
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I'd see it as cities charging more taxes than they are actually willing to collect. I.e. the city is happy collecting less % of taxes already, just that most dont have bargaining power.
In other words, they are able to bully individuals, but not corporations.
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The rural/urban divide is present as you describe in every state, but the difference is in some of the states listed as undesirable for minorities, the rural people outnumber the urban people and filled the state legislature and executive political offices with bigots based on the anti-other laws/regulations and anti-urban regulations(preventing urban regions from making anti-bigot rules) that made national news from…
Texas did not pass the bill I believe you are referring to. R's from blue states are just as capable of introducing such bills, and have in the past.
Texas state government is pretty bad about trying to undo any progress the urban areas want to make.
Can't limit fracking within city limits https://www.dallasnews.com/news/local-politics/2015/05/04/bi... Cities can't declare themselves sanctuary cities: https://www.texastribune.org/2017/05/07/abbott-signs-sanctua... Cities can't limit work for hire or rental apps like uber and airbnb due to similar laws the state legislature passed.
No matter if you live in an urban area with a majority of like minded people, they are going to try to over rule your elected officials with the majority the rural areas hold in the state legislature in these states.
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They won't do this after getting bids from numerous American cities. To choose a city in Canada would piss off too much of their customer base, including the president of the country, and would have a long term material impact on sales.
Have you seen Trump's tweets about Amazon and Bezos? He's already pissed at them. Frankly if I was in their shoes I would go with Toronto also to have some sort of hedging against the US political climate.