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Elon Musk moves to Texas

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Re: Elon Musk moves to Texas

#381

Post by tenpies »

egsmi wrote: post #227
boringg wrote: post #171

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…

The Fremont factory and Palo Alto headquarters will still be in California... for now. I imagine they will open up some Texas sites, which everyone is doing, but I think Tesla will have a CA presence for some time. It's difficult to move these things. On the other hand, Elon has a "damned the torpedoes" attitude, so who knows.

More importantly, CA still has more subsidies, tax breaks, and other funding for everyone's favourite truffle hound to dig up.

Re: Elon Musk moves to Texas

#382

Post by [deleted] »

WillPostForFood wrote: post #272
o-__-o wrote: post #211

Earlier quoted context omitted.

> where the pensioners have almost entirely moved out of New Jersey to avoid the same taxes. (Income) Tax free Texas sounds good right about now!

Texas is a no income tax, but moderately high property tax state. That's good when you are making money, but can be hard when you retire: low income, high tax on your house.

[deleted]

Re: Elon Musk moves to Texas

#383

Post by dmode »

scop wrote: post #310
glitchc wrote: post #252

Earlier quoted context omitted.

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…

I live in San Francisco. I literally do not see black people. I largely do not see brown people outside of the service industry (i.e. they are "kept back in the kitchen"). I will largely interact with only white people and asian people on any given day. Where I will be moving to in TX has more diversity than where I live in San Francisco, which is something I am happy about. My children will be seeing more black & br…

You do not see brown people ? Have you, I don't know, been to any tech company ? where vast majorities of engineering groups are brown people ?

Re: Elon Musk moves to Texas

#384

Post by armenarmen »

techsupporter wrote: post #220
S_A_P wrote: 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…

My birth certificate says "Texas" across the top and people have been "fleeing California" to Texas for as long as I've been alive. There's nothing special about Musk; he just happens to be high-profile about it and managed to extract more from California before decamping to a "cheap" state than several of those who came before him. I disagree with your assessment that Texas has wide acceptance for opposing viewpoint…

The liberal inner cores of Texas cities primarily grew up in these burbs and small towns, and know that despite being a MAGA bro, their uncle isn't satan incarnate.

Compare that to the dirty looks I got walking around SF in a Buck-ees hat that happened to be red. It bordered upon comedy.

Re: Elon Musk moves to Texas

#385

Post by LinuxBender »

GavinMcG wrote: post #341
LinuxBender wrote: post #201

Earlier quoted context omitted.

That depends on reciprocal tax agreements. [1] He will have to file in both states, but what he pays will depend on several factors. He will likely get tax credits in California, but I am not a tax attorney or a CPA. Elon could probably give some indication on how much he is saving if he is saving anything at all. [1] - https://www.optimataxrelief.com/live-work-pay-taxes/

Only 17 states have those, California and Texas don't, and even if they did they're limited to specific other states. It's simply not accurate to make the general statement that state personal income taxes are based on your domicile.

It's even trickier than that. The company I work for is HQ in California, but we have employees based in another state. They pay taxes to that state, not California and there are no reciprocal agreements with that state.

Re: Elon Musk moves to Texas

#386

Post by chillwaves »

Darmody wrote: post #208
boringg wrote: post #171

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 Democratic party is a center-right party. If you are further to the right of them, you are far-right.

Re: Elon Musk moves to Texas

#387

Post by burnthrow »

gv123 wrote: post #331

I have very different perspective, Tesla is predominantly an EV manufacturer, which seems to be what Progressive states like California love and Red states hate. I think from last few months, his statements were always made in a way to please right wing crowd, for instance downplaying Covid and getting into fight with California over lockdown, he wants to appeal to right wing and increase the user base, am I very cra…

Yes

Re: Elon Musk moves to Texas

#388

Post by dmode »

busterarm wrote: post #44
zaroth wrote: 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…

Or, framed differently, California is looking for deep pockets to bail out their failing budget rather than adjust their policy to match what they can afford. The same has been happening in New Jersey with its insane taxes that don't really go to pay for services anymore and have diverted from transportation & infrastructure projects for decades now to bail out their severely underfunded pension funds...where the pen…

California has been running budget surpluses for many years. And will run a surplus again this year, despite the pandemic

Re: Elon Musk moves to Texas

#389

Post by Dirlewanger »

S_A_P wrote: 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…

>it seems that folks with opposing viewpoints can still coexist here.

Lol. A couple weeks ago, there was footage of a bunch of Trump supporters in trucks boxing in a Biden campaign box on I-35 and trying to run it off the road.

This isn't a state where people with differing political opinions can coexist harmoniously.

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