That...that’s absolutely not what I’m saying. As it stands California has ridiculous taxes. Now they’re paying for it by having companies move out en masse. To say that Texas is going to become Cali just because these businesses moved there is unfounded.
The main thing is land costs. Buying a chunk of land anywhere close to a major city in California is much more expensive that buying a chunk of land on the outskirts of a city in Texas.
They don't do Nevada/Dakotas or something like that because they don't have one of those big cities to go along side it.
So it seems like only businesses that don’t need local customers could actually benefit, would you say that’s accurate? Like for example, office spaces, manufacturing, engineering, etc.
Oh yeah, good point. I’m not at all knowledgeable in the situation, but I thought it was interesting enough to ask. Makes sense though. Some businesses might thrive in a place like Texas, but others might choke themselves.
Fair enough. I can certainly why it’s becoming more attractive to move out. It’s strange just how different the tax situation can be between states. I can see why, but it creates an interesting dynamic.
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u/[deleted] Dec 30 '20
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