NY and CA are the land of the flee, and Texas is the destination

[Neil Narayan]

State government policies like income and business taxes are influencing some people’s decision on where to live and work. Even before the pandemic, less burdensome taxes in Texas drew huge tech companies like Tesla, Oracle, Facebook, Apple and Google — and their employees — to Austin, Texas. “People are coming here [Austin] because there's a place to get a job,” said Rastegar.

https://finance.yahoo.com/news...

[Jon Schwartz]

Originally posted by @Neil Narayan:

State government policies like income and business taxes are influencing some people’s decision on where to live and work. Even before the pandemic, less burdensome taxes in Texas drew huge tech companies like Tesla, Oracle, Facebook, Apple and Google — and their employees — to Austin, Texas. “People are coming here [Austin] because there's a place to get a job,” said Rastegar.

https://finance.yahoo.com/news...

Ugh, such hyperbole!

If 1% of Californians suddenly decided to move to Austin, it would almost double Austin's population.

Yes, Californians are moving to other states. And yes, Austin is an awesome city! But let's keep things in perspective, people.

Best,

Jon