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Oracle Moving HQ to Austin

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Re: Oracle Moving HQ to Austin

#361
post #359

Earlier quoted context omitted.

Same with the Amazon "HQ2" relocation, all of the options that were considered happened to be places where Jeff Bezos owns a home.

Is that true? Why would any of that be limiting for a person who could by any home in a given city?

Because even Bezos can't afford to build a city one would want to live in, around any home.

Re: Oracle Moving HQ to Austin

#362
post #275

Earlier quoted context omitted.

There is some nuance to this. CA deliberately defines anybody who is in CA "other than for a transitory purpose" as a CA resident (for tax purposes). So if you happen to reside in TX but come to Redwood City for a couple weeks and work there, for example, CA can come after you. I am fairly certain this will happen more often once increasing numbers of people vote with their feet.

Even this is not entirely correct. They do not consider you a CA resident, but they consider the income you make while (more than transiently) in the state taxable. Many states have similar clauses (NY, NJ, etc.), CA is not unique in this aspect.

CA is actually more generous than a number of states, which do not exempt transitory presence for work, so if you do earn any money at all for work while in the state you owe income taxes (and your employer is obligated to withhold for the State.)

Re: Oracle Moving HQ to Austin

#363
post #184

Earlier quoted context omitted.

Roseburg, Oregon/Douglas County wouldn't even cough up the money to fund their library system. Some places are not very, uh, forward thinking.

Is funding a library forward thinking? Honest question.

I'd flip it around: not being able to keep a basic library system open is for barbarians.

Re: Oracle Moving HQ to Austin

#364

Earlier quoted context omitted.

Most towns won't do this because most of its existing tax base will hate it despite it being a good idea. And they vote!

I don't see what they have to lose. Their house and land might be worth more.

For some people their house and land aren't a crop to raise and sell, maybe they like their hidden gem for what it already is. See the lamentations on Austin's growing pains in this thread.

Re: Oracle Moving HQ to Austin

#366
post #42

Likely irrelevant, but reminded me of this[0]: """Basically, we’re moving because of William Whyte‘s rule: virtually all corporate relocations involve a move to a location which is closer to the CEO’s home than the old location. Whyte discovered this principle after an extensive study of Fortune 500 companies that left New York City for the suburbs in the 1950s and 1960s""" Tesla will likely move its HQ to Texas foll…

Interesting, somehow I don’t think how companies where run in the 1950-1960 translates to today Look at the google ML firing/resigning storm, in the 50s someone fired end of story not the CEO saying they will investigate (honesty transparency aside)

>Interesting, somehow I don’t think how companies where run in the 1950-1960 translates to today

In some ways maybe.

In the 50s your wife stayed home to work while you worked a blue-collar job, probably having only a high school diploma (if that), and your blue-collar job supported a family of 2.1 kids, your wife, Rex the dog, a car, and a mortgage in the suburbs. Oh and it probably came with a pension. Everyone smoked indoors. Companies felt obliged to look after their (male) workers and sexual harassment of female employees was routine and casual racism was baked-in to the culture.

Over the years CEO pay has risen something like 1000% and worker pay less than 20%.

Now companies spy on their workers and engage in union-busting while paying their workers a pittance such that even a person working two minimum wage full-time jobs is barely able to sustain a family in the USA and Canada. We don't smoke indoors any more. Sexual harassment of female employees is still routine and casual racism is institutionalized but perhaps less overt today.

I guess society can pride itself of the smoking thing but we've either made no progress or regressed in a lot of ways.

>someone fired end of story

Take off your rose-coloured glasses.

Re: Oracle Moving HQ to Austin

#367

Shouldn't the republican party be worried? If the trend continues and a lot of companies move from California to Texas bringing along a lot of liberal employees with them, won't that tip the already narrowing margin towards the democratic party?

> Shouldn't the republican party be worried? If the trend continues and a lot of companies move from California to Texas bringing along a lot of liberal employees with them, won't that tip the already narrowing margin towards the democratic party?

Shouldn't the democrats in california worry also? If so many democrats are moving to texas?

Oddly enough, just a few decades ago, texas used to be a democrat state and california was a republican state.

Lyndon B Johnson was a democrat from Texas and Richard Nixon was a republican from california.

I wonder if texas and california might flip in my lifetime. That would be so strange to see.

Re: Oracle Moving HQ to Austin

#368

Earlier quoted context omitted.

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.

A lot of places are more wealthy or as wealthy as California. Why don't they have the same cost of living or higher?

Can you name such places? Someone mentioned Houston, but I honestly don’t know if their zoning laws are more liberal than ours (LA).

Re: Oracle Moving HQ to Austin

#369

Earlier quoted context omitted.

Wait until they learn about cedar fever. Juniperus ashei pollinates in the winter, starting right about now through February. Pollen levels are still relatively low, but by January the trees explode and people are miserable. Last January they were reporting almost 28,000 cedar pollen grains per cubic meter of air in the Austin area. Misery. Pure misery. https://www.kxan.com/top-stories/cedar-pollen-reaches-highes...

Just northwest of the city it’s crazy. When the wind gets up in January there will just be thick yellow clouds of pollen blowing off the Mountain Cedars, and everything is covered in it.

Heh, exactly where I live. It about kills my wife.
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