this post was submitted on 27 Apr 2024
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Texas Attracted California Techies. Now It’s Losing Thousands of Them. (www.texasmonthly.com)
submitted 6 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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[–] bradorsomething@ttrpg.network 6 points 6 months ago (1 children)

I feel part of the confusion may be thinking california has a flat tax? It has tax brackets, which increase the percent as you make more.

[–] locuester@lemmy.zip 1 points 6 months ago

Yeah, starts at 1%, hits 9% by 68k income. I’m not misunderstanding that. Not seeing how 1% < 0%.