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Texas Attracted California Techies. Now It’s Losing Thousands of Them. (www.texasmonthly.com)

submitted 7 months ago by lautan@lemmy.ca to c/technology@lemmy.world

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The “Texas Miracle” loses some of its magic as Oracle announces it’s moving its new HQ out of Austin and Tesla lays off nearly 2,700 workers.

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[–] plumcreek@lemmy.ml 11 points 7 months ago (1 children)

Landlords pass on higher property taxes to their tenants in the firm of higher rents. You don't need to own property to be affected by high property taxes.

[–] locuester@lemmy.zip 1 points 7 months ago

Ok, then we are getting into estimated tax derivatives. Yeah I can’t just make guesses there.

That’s not direct tax.

But I agree there could be something there. It would be minimal I’d assume but I truly don’t know.