Author Topic: California lost 9,000 business HQs & expansions, mostly to TX, 7year study shows  (Read 12172 times)

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Plane

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..................... But nothing says texas cant and won't do the same dumbass things.


I am very sure that Texas will do entirely different dumbass things.

kimba1

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Maybe but the bad treatment by locals has been consistant from many states who invite businesses.

Plane

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Maybe but the bad treatment by locals has been consistant from many states who invite businesses.

Oh?

That should not be.

Aren't these locals getting hired and benefiting from better tax base? 

kimba1

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Tricky to answer . When a business arrives they do need local help but the type of work it provides is likely not entirely what the location can fully provide and a increase in tax money will not exactly help those people. The government of course is happy for all the money but the people may not always care fir the changes.

Ex. A high tech community may require more Chinese restaurant and less burger and steak places. Strip joints will always  be in demand. Export car repairs goes up. More organic foods less fastfoods. Etc.

Xavier_Onassis

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The local people will not get any tax breaks. The company that moves in does, When the new company attracts more workers, they move in, raising house prices and putting a burden on local roads and school districts. The new company will normally not be taxed at a rate that will pay for the burden it places on local services.
"Time flies like an arrow; fruit flies like a banana."

Plane

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  Reduced taxes usually have a limited time span, enough to allow building and hiring and establishment of vendors.

    That seems reasonable.

   More importantly , the businesses move to places where there is a permanent lower tax rate , and a tolerable level of lesser services.

    If they employ a bunch of locals and import a bunch of new residents , the increase in persons paying taxes pretty much makes up the difference to the state, county and city.

Xavier_Onassis

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California still has a bigger economy than Texas.
Better education and less poverty as well.
"Time flies like an arrow; fruit flies like a banana."

Christians4LessGvt

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"Mr. Gorbachev, tear down this wall!" - Ronald Reagan - June 12, 1987

kimba1

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Well poverty in California is not that straight forward. People migrate to California for the benefits so poverty is alot more of uncontrollable than the rest of the country

Christians4LessGvt

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not that straight forward.

exactly....many of these comparisons are "not that straight forward"....in other words....it works BOTH ways!

but one thing for sure is more people from the North and from California move to Texas than the other way around.
"Mr. Gorbachev, tear down this wall!" - Ronald Reagan - June 12, 1987

Xavier_Onassis

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There is little point to migrate to Texas to get a good job.
Employers go to Texas so they can get away with paying low wages.
Texas already has a large number of poor, poorly educated people.
Social mobility in Texas is low. Wages are low. Working conditions suck.
"Time flies like an arrow; fruit flies like a banana."

kimba1

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The One true advantage to texas is cost. But employee quality and retention will be a factor later on. Remember texas has always been trying to lure businesses to thier state. But conditions and work practices has been a liability.

Christians4LessGvt

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There is little point to migrate to Texas to get a good job.
Employers go to Texas so they can get away with paying low wages.
Texas already has a large number of poor, poorly educated people.
Social mobility in Texas is low. Wages are low. Working conditions suck.

yes booo whoo....it's sooooo terrible and that's why so many have been moving here for 2-3 decades  ::)
in fact it is such horrid conditions more Americans have moved to Texas in recent years than any other state!
They must all be deaf and dumb....funny thing...once they get here and see how horrible it is they stay! lol



Why everybody is moving to Texas

http://money.cnn.com/2014/09/29/real_estate/affordable-housing-growth/
"Mr. Gorbachev, tear down this wall!" - Ronald Reagan - June 12, 1987

Xavier_Onassis

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I don't think the growth in population in Texas is much higher than the growth rate in California.

Texas is a somewhat backward Southern state with low social mobility. California is a high tech state with higher social mobility, and a much nicer climate.
"Time flies like an arrow; fruit flies like a banana."

Plane

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I don't think the growth in population in Texas is much higher than the growth rate in California.

Texas is a somewhat backward Southern state with low social mobility. California is a high tech state with higher social mobility, and a much nicer climate.

You should look that up at a source that you trust.