Anti-Business States Hurting, Pro-Business Texas Doing Well (bankrupt, free market, financial)
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Yeah, I'm seriously thinking of relocating from California to Texas due to the tax situation in California. It doesn't hurt so much when you aren't making much, but as soon as your income goes up (especially from business activities) its a major burden.
The problem is, as more and more people move from NY, NJ, and CA, that they will vote in the anti-business laws when they get there. Pretty soon, the entire nation will be bankrupt because of this.
Let's hope that NY, NJ and CA get what they deserve- bankruptcy!
I hope not cause then the Federal government will bail them out and put it on taxpayers to pay it all and then other states will think it is okay to be financially irresponsible because there will "always" be a bailout...
Why is that? Many of the people are moving because they realize the laws are problematic.
Even if they know something, they still act on impulse and emotion... I see people blame everything on free markets regardless of whether it was at fault or not... you can't change "beliefs" even when you put facts in front of them... they will try to twist it to say the opposite.. so yeah, I think people will bring these "ideologies" with them regardless of what has happened or what really caused their problems... the media and politicians and sometimes so-called "experts" will further their ideology...
Why is that? Many of the people are moving because they realize the laws are problematic.
One would think so. But once they get here you start to hear "but we did it like <fill in the blank>". It's happening in Austin Texas.
And..with such an influx over the past year..schools are overcrowded and people are not finding jobs so quick. Cities are having budget problems, real estate is declining, layoffs are happening.
No state is immune from our national economic problems. Some states will hurt more then others, but none will be immune.
Texas is flying on the energy market -- not some retarded screw-the-workers-and-consumers-agenda -- although that exists here, too. This is an old game that has played and played out here before with the late 70's energy run-up and mid-80's energy market collapse. When the collapse hits Texas (again) will it be because Texas has suddenly turned "anti-business?"
Texas has been living off the rest of the country because of the oil and taxpayer funded aerospace businesses. Now that the oil has been pumped and aerospace is cutting back Texas may just not be such a business paradise. Welcome to a world of declining opportunities as the resources are depleted and other industries are shipped to China and India.
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