How long before all the Californians make Austin the exact same place they fled from?
Oracle Moving HQ to Austin
331–340 of 451 posts
Re: Oracle Moving HQ to Austin
#332How long before all the Californians make Austin the exact same place they fled from?
You're confusing supply-and-demand-driven cost of living with liberal vs conservative politics. NIMBYism and desires for high-paying jobs cut across the American political spectrum. (Existing property owners in Austin, however, may be ecstatic if their property is suddenly priced like SF value... but that doesn't mean they're gonna want to relax zoning and increase density and change the shape and character of their…
Re: Oracle Moving HQ to Austin
#333Earlier quoted context omitted.
> The high cost of living in California has almost nothing to do with liberal politics or whatever you’re trying to insinuate. It has a lot to do with economic success and the wealth produced thereby. The extent that has to do with the distinctive local politics of the state is another argument.
Yes, that's a much better way to put it. It just seems ironic to me that after decades of policies leading to a wealthy California the same detractors are claiming that the liberalism was the problem. My most charitable interpretation they think recently the policies have gotten too progressive and that's causing the exodus, as opposed to the wealth causing the high COL.
Re: Oracle Moving HQ to Austin
#334Earlier quoted context omitted.
How does labor law impact anything when everyone is WFH ? Also, do taxes really have anything to do with your HQ location ? All corporations are registered in Delaware.
Often (maybe always?) employees pay income tax in the state where their company's headquarters is, or the local office in which they work.
Generally, it’s the state where you work.
It can be complicated when you live in one state and work in another.
But the location of your corporate office is absolute irrelevant for where an employee pays taxes.
Re: Oracle Moving HQ to Austin
#335Re: Oracle Moving HQ to Austin
#336I wonder whether that could lead to a measurable decline in 101 commute time if some of their office space remains empty. Subjectively it always felt to me like some of the most congested stretches of 101 were next to Oracle building clusters, but that may be selection bias talking.
From what I hear, Austin traffic is worse than the Bay Area. Can anyone from Austin confirm?
That being said it is common advice to avoid 35 at all costs. It is always terrible as it only has 3 lanes through the core urban area.
As for urban driving, I think SF is easier because of its grid system but I usually take a Lyft so can’t really say.
Re: Oracle Moving HQ to Austin
#337Re: Oracle Moving HQ to Austin
#338Earlier quoted context omitted.
That’s only a concern if the Republican Party makes no gains elsewhere, and Florida is looking less purple and more red these days, and the “blue wall” is looking a bit more purple.
I'd caution making this conclusion. Trump was a huge driver of turnout. I don't think the republican party is quite as strong without him on the ticket.
One thing I'm not holding my breath for in 2022 is seeing the Democrats in the House leverage their decreased majority into a larger majority, or even retaining the House considering mid-terms are always a bad time to be a member of the President's party. That, and after this past election there is a net increase in the number Republican trifecta States, an increase in the number of States under Republican Governors, and redistricting season will soon begin.
Re: Oracle Moving HQ to Austin
#339Earlier quoted context omitted.
I don't think this is true. Employees pay taxes based on residency requirement. So if you are not a resident of CA, you don't pay taxes, regardless of where your HQ is
If California can claim the work was done in or for California. They’ll tax it. If you work remote from Texas but hr says your desk is in California. You owe California taxes.
The moment I left California the state I paid income tax to changed.
Think of it this way: all of the government services I use are in the state I reside in. I use literally $0 in California services. Not police, not fire department, not roads: nada.
California had a reputation for being very strict about whether you are a “resident.” But it’s not infinite.
Once you’re gone, they can’t tax you.
There are some exceptions for people who live near in a neighboring state, but work physically in California.
Re: Oracle Moving HQ to Austin
#340How long before all the Californians make Austin the exact same place they fled from?
Average high/low temperatures in the summer for Austin are: June. 92° / 72° July. 96° / 74° August 96° / 74° Average high/low temperatures in the summer for Cupertino are: June. 75° / 55° July. 76° / 58° August 76° / 58° Austin will never, ever be like Silicon Valley because of this. The freedom you get from cooler weather is great from an energy utilization stand point and for allowing safer and more desirable condi…