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Elon Musk moves to Texas

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351–360 of 1001 posts

Re: Elon Musk moves to Texas

#351
post #158

Pretty interesting to see this move makes people so salty. There does seem to be a trend of people fleeing California, I dont know enough about the situation out there to comment on whether or not its valid. I suspect something must be going on for several high profile folks moving out. And before you bash Texas, its not perfect. But its pretty diverse, and it seems that folks with opposing viewpoints can still coexi…

no texas is horrible, esp Austin. Please don't move here.

^ an Austin tradition typically reserved for the yearly SXSW festival, when the city is flooded with tourists during a time that has nicer-than-usual weather. It is also traditional to develop a cruel sense of joy when people begin complaining about how hot it is in early July, as you tell them it is about to get, somehow, _much_ hotter.

Re: Elon Musk moves to Texas

#352

Earlier quoted context omitted.

How long have you been out of Texas? I think we know people aren't coming to Texas to live in Tyler; They are moving to the cities, Dallas, Houston, Austin, San Antonio, which are all diverse, and have large gay communities. Even Tyler has changed. (old article, but still) https://www.advocate.com/society/activism/2009/09/29/gays-ta...

But that's rather my point: if you're living just in the larger metro areas, you're choosing to insulate yourself from the rampant discrimination and bigotry that, numerically, forms the bulk of the electorate and shape the cultural mindset. To be clear, that's not a bad thing that people make that choice; I would, were in that position. If Texas voters will finally vote in someone who is more like Ann Richards than…

I think you’ll find that that is true of all southern metros. Atlanta is different from Calhoun, Birmingham from Anniston, Huntsville from Madison, etc.

It’s not that people are choosing to insulate - the metros are where the jobs are. Those metros have been changed by the influx of people, and if there were jobs the suburbs you would see the electorate change there as well.

Re: Elon Musk moves to Texas

#353
post #325

An ignorant question for American readers. This article quotes a tweet from somebody who presumably has something to do with promoting Texas. He writes: > Texas is the best state for business. Texas has no state income tax, while California’s is the highest in the country. It just got better because Texas made an income tax unconstitutional. Can you explain what he means by that last sentence? I'm not asking for a po…

[deleted]

Re: Elon Musk moves to Texas

#354
post #335

Earlier quoted context omitted.

All the states also have their own constitutions. This is the Texas one: https://tlc.texas.gov/docs/legref/TxConst.pdf

Ah, thank you! And so, what happened in Texas that "made an income tax unconstitutional"?

It's worth noting that they didn't have a state income tax before either. People who live in Texas pay Federal Income Tax, but not State Income Tax.

Texans pay hefty property taxes.

Re: Elon Musk moves to Texas

#355
post #284

Earlier quoted context omitted.

Why do you still pay taxes in California? Do you have a residence there?

If you have RSUs that were in while you were working in California or a resident of California, the Franchise Tax Board claims a portion of the income as California source when (if) they finally vest. That could be years later, when you're no longer a resident. If you move from California to another country, and are subject to US Federal Income tax, and don't qualify for an exemption, the Franchise Tax Board still co…

What if you have your own CA LLC? Would they require paying a tax on its sale even if it's re-incorporated in another state?

Re: Elon Musk moves to Texas

#356
post #6

California is actively looking for ways to extract more money from Elon. It likely posed an appreciable risk to his business ventures that CA at some point will try to tax unrecognized capital gains, which would require him to liquidate shares to pay the tax. Basically akin to a hostile government takeover. If CA were to aggressively pursue such a policy, they would likely go after anyone they perceived as fleeing ju…

Its funny to see how effective the PR of Musk is! Tesla benefited the most from california's policies and budget. Now, as tesla scaled and succeeds California is the villain. Its easy to see that Musk is more worried about the Income tax. Please dont fall for the PR.

Re: Elon Musk moves to Texas

#357

Earlier quoted context omitted.

California still has every viewpoint that is imaginable though there does seem to be less space for far right. What's making everyone salty about Elon leaving is there was considerable amount of people who helped him build up in the state (i.e. state benefits, staff who worked incredibly hard for many years, consumers who bought his cars [drive in the bay area]) and he's peacing out, with a slap in the face to everyo…

Far-right aka everybody who's not a democrat.

The GOP put itself out of power in CA by pursuing a series of explicitly racist policies in a white-plurality state, and then later settling on total political obstruction as its backup plan (in the short term this was effective at preventing the state government from addressing a wide range of serious problems). My former GOP state rep in SoCal used to send out mailers proudly proclaiming that he had voted ‘no’ on 100% of legislation, with some race baiting mixed in as seasoning. Considering that a couple decades of this led to the Democrats winning all of the statewide offices and supermajorities in both houses of the legislature, perhaps it wasn’t the best long-term strategy.

But the state remains a very conservative place overall, just like the rest of the USA. There’s a broad swath of the public who distrust the government, are opposed to taxes of any kind, and so on. Even in 2020, 34% of voters picked Trump, even though his rhetoric has included badmouthing CA as a cornerstone. And many CA Democrats are pretty conservative by the standards of most other developed countries, and would most naturally fit in a centrist or center-right party.

Re: Elon Musk moves to Texas

#358
post #195

Earlier quoted context omitted.

We will be moving out of CA in the coming months. We are lifelong residents. We are leaving due to cost of living and especially quality of life for our children.

Please consider the policies that made your location expensive and of poor quality for families when voting in your new home.

I know everyone likes to scape goat some policies for that, but as Occam razors would have it, I think it's just the population growth that was the main cause of price increase, and a population decrease would probably result in a price decrease.

Re: Elon Musk moves to Texas

#359
post #195

Earlier quoted context omitted.

We will be moving out of CA in the coming months. We are lifelong residents. We are leaving due to cost of living and especially quality of life for our children.

This doesn't make any sense. Why is the quality of life poorer in California compared to Texas when California has: Better schools across all grades, better universities and better weather? Perhaps there are other factors? Do demographics play a role perchance? From Wikipedia: 1) According to 2018 US Census Bureau estimates, California's population was 59.5% White (36.6% Non-Hispanic White), 14.7% Asian, 13.8% Some O…

Not Texas here, but

You might have to adjust your statistics regionally for income. Middle class in California is upper middle class everywhere else, even adjusting for salary reduction. Leaving California put us in the 90th percentile for family income in our new region even accounting for change in salary, vs 75th back in the South Bay. That opens up a lot more opportunity for leisure and better schools - we don't have to live in a middling caliber town or neighborhood anymore.

Also, owning a home is a massive improvement in quality of life. Something we couldn't do in California. No more shared walls, a garage, a home office, backyard, basement hobby space, spare bedroom, nursery... I would have to double or triple my take home pay (not everyone takes equity to pay down a mortgage) to have the same quality of home in my old neighborhood than I do today.

Weather is meh, we can afford central heating and cooling and there aren't wildfires that turn the air to poison for days at a time. Snow be damned.

Re: Elon Musk moves to Texas

#360
post #195

Earlier quoted context omitted.

We will be moving out of CA in the coming months. We are lifelong residents. We are leaving due to cost of living and especially quality of life for our children.

This doesn't make any sense. Why is the quality of life poorer in California compared to Texas when California has: Better schools across all grades, better universities and better weather? Perhaps there are other factors? Do demographics play a role perchance? From Wikipedia: 1) According to 2018 US Census Bureau estimates, California's population was 59.5% White (36.6% Non-Hispanic White), 14.7% Asian, 13.8% Some O…

> Better schools across all grades

[citation needed]

When I type “california public schools” into DuckDuckGo, the top suggestion is “california public schools bad.” Accepting this, the top three results are:

① “California schools were once the nation's envy. What went wrong?”

> The enormous strike in Los Angeles paints a grim picture of wealthy state that is struggling to fund its education system

https://www.theguardian.com/education/2019/jan/19/california...

② “Are California Schools the Worst in the Nation?”

> Roughly speaking, there’s the usual mix of good ones and bad ones, and overall they’re about average.

https://www.motherjones.com/kevin-drum/2019/01/are-californi...

③ “California Is Home to Some of America's Worst Public Schools”

> In fact, a spokeswoman for WalletHub says, “California has the 12th worst school system in America.”

> The study was based on 17 metrics, including student-to-teacher ratio, dropout rates and average SAT and ACT scores. Compared with the other 49 states and the District of Columbia, California ranked 47th in reading test scores, 46th in math test scores and dead last in student-teacher ratios.

https://www.laweekly.com/california-is-home-to-some-of-ameri...

According to https://www.forbes.com/sites/reneemorad/2020/08/04/states-wi..., Texas public schools rank 28th in the nation, while California’s are now №37.

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