121–130 of 691 posts
Earlier quoted context omitted.
> middling infrastructure Compared to what?
There were literally rolling blackouts in CA last summer and the state came dangerously close again this summer. Edit: Not sure why everyone is assuming I'm saying Texas is somehow better. I'm well aware of the power grid problems there as well. The question was "in comparison to what" and setting aside CA and TX, at last count there are 48 whole other states in the nation.
It's also funny that Tesla still can't sell their cars directly to customers in Texas.
The reason we pay close to 50% in California is that people are paid much much much more here. This is a problem you want to have.
ref: https://wallethub.com/edu/states-with-highest-lowest-tax-bur...
California's tax regime is really backward. I suspect Tesla's departure is just the tip of the iceberg and that the repeal of the SALT deduction in 2017 really hastened this trend. High earners pay an effective tax rate of > 50%. They are partially picking up the slack from Prop 13, which artificially distorts the housing market by allowing longtime homeowners to pay property taxes based on decades-old assessed value…
The public schools aren’t pitiful at all. California has great schools.
California's tax regime is really backward. I suspect Tesla's departure is just the tip of the iceberg and that the repeal of the SALT deduction in 2017 really hastened this trend. High earners pay an effective tax rate of > 50%. They are partially picking up the slack from Prop 13, which artificially distorts the housing market by allowing longtime homeowners to pay property taxes based on decades-old assessed value…
[1] https://www.sfgate.com/local/article/California-exodus-is-ju...
California's tax regime is really backward. I suspect Tesla's departure is just the tip of the iceberg and that the repeal of the SALT deduction in 2017 really hastened this trend. High earners pay an effective tax rate of > 50%. They are partially picking up the slack from Prop 13, which artificially distorts the housing market by allowing longtime homeowners to pay property taxes based on decades-old assessed value…
> The exodus will only pick up steam unless policymakers get their act together. I used to live in California. There is no better state than California. If house price falls, I would buy another house in California.
Earlier quoted context omitted.
> middling infrastructure Compared to what?
There were literally rolling blackouts in CA last summer and the state came dangerously close again this summer. Edit: Not sure why everyone is assuming I'm saying Texas is somehow better. I'm well aware of the power grid problems there as well. The question was "in comparison to what" and setting aside CA and TX, at last count there are 48 whole other states in the nation.
Earlier quoted context omitted.
> middling infrastructure Compared to what?
There were literally rolling blackouts in CA last summer and the state came dangerously close again this summer. Edit: Not sure why everyone is assuming I'm saying Texas is somehow better. I'm well aware of the power grid problems there as well. The question was "in comparison to what" and setting aside CA and TX, at last count there are 48 whole other states in the nation.
Now that Elon has extracted a bunch of subsidies from California, he is moving on.