Oh yes, incentives, not bribes. I think Texas would be enough of a shock as it is - MS would appear third world to people from LA. Cheap housing, but a lot of other sacrifices. And I won't even get into tornadoes
"Oh yes, I know what you've heard. And it's true, as the state's boosters like to brag, that Texas does not have an income tax. But Texas has sales and property taxes that make its overall burden of taxation on low-wage families much heavier than the national average, while the state also taxes the middle class at rates as high or higher than in California. For instance, non-elderly Californians with family income in the middle 20 percent of the income distribution pay combined state and local taxes amounting to 8.2 percent of their income, according to the Institute on Taxation and Economic Policy; by contrast, their counterparts in Texas pay 8.6 percent.
And unlike in California, middle-class families in Texas don't get the advantage of having rich people share equally in the cost of providing government services. The top 1 percent in Texas have an effective tax rate of just 3.2 percent. That's roughly two-fifths the rate that's borne by the middle class, and just a quarter the rate paid by all those low-wage "takers" at the bottom 20 percent of the family income distribution. This Robin-Hood-in-reverse system gives Texas the fifth-most-regressive tax structure in the nation.
Middle- and lower-income Texans in effect make up for the taxes the rich don't pay in Texas by making do with fewer government services, such as by accepting a K-12 public school system that ranks behind forty-one other states, including Alabama, in spending per student."
1936 Tupelo tornado outbreak was the fourth deadliest ever recorded in US history. There's a stretch of big trees in one neighborhood that got bent over by the winds and they all grew at an angle, like the palms in downtown Santa Monica that all seem to lean toward the ocean. Elvis was one at the time and survived. Bad series of them last night.
It would be kind of nice to see a mass exodus of businesses from California. Maybe I could finally afford to live there.
"Toyota's current sales and marketing unit headquarters in Torrance, Calif., was too far from the auto maker's factories in Kentucky, Indiana, Mississippi and Texas and from its engineering center in Ann Arbor, Mich., Mr. Lentz said. Erlanger, Ky., where Toyota's North American manufacturing operations are now based, was too small, he said.
Toyota narrowed its preferred locations to Denver, Atlanta and Charlotte, N.C., before choosing the Dallas-Plano area, a person familiar with the matter said.
Texas offered Toyota $40 million to move, part of a Texas Enterprise Fund incentive program run out of the governor's office. At $10,000 a job, it was one of the largest incentives handed out in the decade-old program and cost more per job created than any other large award."
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Likely just the usual city and state "incentives" that the taxpayers will bear. Too bad they didn't just go to Tupelo.
Oh yes, incentives, not bribes. I think Texas would be enough of a shock as it is - MS would appear third world to people from LA. Cheap housing, but a lot of other sacrifices. And I won't even get into tornadoes
From Another site :
"Oh yes, I know what you've heard. And it's true, as the state's boosters like to brag, that Texas does not have an income tax. But Texas has sales and property taxes that make its overall burden of taxation on low-wage families much heavier than the national average, while the state also taxes the middle class at rates as high or higher than in California. For instance, non-elderly Californians with family income in the middle 20 percent of the income distribution pay combined state and local taxes amounting to 8.2 percent of their income, according to the Institute on Taxation and Economic Policy; by contrast, their counterparts in Texas pay 8.6 percent.
And unlike in California, middle-class families in Texas don't get the advantage of having rich people share equally in the cost of providing government services. The top 1 percent in Texas have an effective tax rate of just 3.2 percent. That's roughly two-fifths the rate that's borne by the middle class, and just a quarter the rate paid by all those low-wage "takers" at the bottom 20 percent of the family income distribution. This Robin-Hood-in-reverse system gives Texas the fifth-most-regressive tax structure in the nation.
Middle- and lower-income Texans in effect make up for the taxes the rich don't pay in Texas by making do with fewer government services, such as by accepting a K-12 public school system that ranks behind forty-one other states, including Alabama, in spending per student."
1936 Tupelo tornado outbreak was the fourth deadliest ever recorded in US history. There's a stretch of big trees in one neighborhood that got bent over by the winds and they all grew at an angle, like the palms in downtown Santa Monica that all seem to lean toward the ocean. Elvis was one at the time and survived. Bad series of them last night.
It would be kind of nice to see a mass exodus of businesses from California. Maybe I could finally afford to live there.
Well, the irony is a bit much. Tornado causes extensive damage in Tupelo (djournal.com)
We had lunch at the city park on Joyner Street just last year and that area was hit.
"Toyota's current sales and marketing unit headquarters in Torrance, Calif., was too far from the auto maker's factories in Kentucky, Indiana, Mississippi and Texas and from its engineering center in Ann Arbor, Mich., Mr. Lentz said. Erlanger, Ky., where Toyota's North American manufacturing operations are now based, was too small, he said.
Toyota narrowed its preferred locations to Denver, Atlanta and Charlotte, N.C., before choosing the Dallas-Plano area, a person familiar with the matter said.
Texas offered Toyota $40 million to move, part of a Texas Enterprise Fund incentive program run out of the governor's office. At $10,000 a job, it was one of the largest incentives handed out in the decade-old program and cost more per job created than any other large award."
Texas to Pay $10,000 for Each Toyota Job (WSJ registration link)