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Old 05-03-2014, 01:45 PM
 
Location: Upstate NY 🇺🇸
36,754 posts, read 14,816,833 times
Reputation: 35584

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Quote:
Originally Posted by oldtrader View Post
There is an old saying, believe what they do, not what they say.

Putting out information to the public, is saying what people want to hear, which helps the company in it's public image.

Why a company moves thousands of jobs out of California, has nothing to do with reasons they use to make the decision in their board rooms.

Yup. And I noticed they're not moving here to NY.
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Old 05-03-2014, 01:47 PM
 
Location: On the water.
21,725 posts, read 16,331,178 times
Reputation: 19804
Quote:
Originally Posted by Delahanty View Post
Yup. And I noticed they're not moving here to NY.
Which means what? Why would they? Every reason they stated for their move is reason to not be located in NY.
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Old 05-03-2014, 01:52 PM
 
Location: Central Bay Area, CA as of Jan 2010...but still a proud Texan from Houston!
7,484 posts, read 10,444,827 times
Reputation: 8955
Quote:
Originally Posted by Tulemutt View Post
You further overlook the real estate tax difference (higher by far in Texas - 3rd highest in the nation compared to California's 33rd ranking).
The thing you guys don't understand about our higher property taxes is the fact that our houses are affordable for the average income worker.

The average income worker in CA could never afford buy a comparable house found in TX.

Even with the higher property taxes in TX it is still less costly than owning a comparable house here on top of paying a personal state income tax.
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Old 05-03-2014, 01:54 PM
 
Location: Central Bay Area, CA as of Jan 2010...but still a proud Texan from Houston!
7,484 posts, read 10,444,827 times
Reputation: 8955
Quote:
Originally Posted by Tulemutt View Post
I disagree. In this case, I concur with user entirely.
And you base your conclusion from all your experience of owing a business in Texas and living there?

Or just ignorant assumptions?
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Old 05-03-2014, 02:08 PM
 
Location: Los Angeles
14,361 posts, read 9,784,546 times
Reputation: 6663
Quote:
Originally Posted by TVC15 View Post
The thing you guys don't understand about our higher property taxes is the fact that our houses are affordable for the average income worker.

The average income worker in CA could never afford buy a comparable house found in TX.

Even with the higher property taxes in TX it is still less costly than owning a comparable house here on top of paying a personal state income tax.
I can rent my Cali 1500sqft home, and that income would cover a 4000sqft home in Sugarland or Plano, with cash flow. That same $350,000 TX home would cost $1-2M here in Los Angeles.

I can't quite understand why people get so snippy when someone argues that living in Texas is cheaper. It simply is. Food, energy, gas, homes, rents, EVERYTHING is cheaper there than here.

They refuse to understand that there's a reason Cali has lost 3.8M people over the last decade, 300K of those moved to Texas.

Quote:
Originally Posted by TVC15 View Post
And you base your conclusion from all your experience of owing a business in Texas and living there?

Or just ignorant assumptions?
I'd choose the later. He's telling me about property taxes, while I just sent a big fat check to the county assessor 4 days ago. My home was reassessed last year, and my property taxes went up 9%. He's arguing uphill as if it's cheaper to live here, and refuses to allow the truth to rest.
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Old 05-03-2014, 02:09 PM
 
Location: On the water.
21,725 posts, read 16,331,178 times
Reputation: 19804
Quote:
Originally Posted by TVC15 View Post
The thing you guys don't understand about our higher property taxes is the fact that our houses are affordable for the average income worker.

The average income worker in CA could never afford buy a comparable house found in TX.

Even with the higher property taxes in TX it is still less costly than owning a comparable house here on top of paying a personal state income tax.
I understand that dynamic perfectly well. Doesn't change the truth of what is being presented at all. For one thing, we are talking about business property. But as for personal real estate, once paid for, which happens at varying rates for different buyers, from cash purchases to 30- year mortgages - the taxes continue. So, if a California worker sells his/her California home and can cash out a Texas home with the difference, s/he would still be paying a boatload to have that Texas home as long as they live there.

I have nothing against Texas. Couldn't care less how much business the state gains even if from California. I think its great that some places other than California start to shoulder the burdens of growth. Texas hasn't invested much in infrastructure. It will face those consequences on down the road fairly soon at its present growth rate.

Many posters here appear so focused on gleefully predicting California's demise that they overlook simple realities. Unwilling to give up the pep-rally excitement they feel. I get the business realities. I don't get the pep-rally crap.

California doesn't need Toyota or Occidental or Sirachi. It's already the nation's top state for business including manufacturing. And developing new business at a leading rate. I wish it weren't. But the data are all supporting the truth of what I just wrote.
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Old 05-03-2014, 02:12 PM
 
Location: On the water.
21,725 posts, read 16,331,178 times
Reputation: 19804
Quote:
Originally Posted by TVC15 View Post
And you base your conclusion from all your experience of owing a business in Texas and living there?

Or just ignorant assumptions?
Getting snippy are we? Do you own a business in Texas? Or California? Is that where your assumptions come from? My observations are based on solid, verified information. Sufficient amounts of which have been linked already.
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Old 05-03-2014, 02:17 PM
 
Location: On the water.
21,725 posts, read 16,331,178 times
Reputation: 19804
Quote:
Originally Posted by steven_h View Post
They refuse to understand that there's a reason Cali has lost 3.8M people over the last decade, 300K of those moved to Texas.
?? California's population, regrettably, is growing. Just passed 38.3 million. Nation's most populous. As I said, unfortunately. People move around all the time. Always have. Who cares? Why is that significant? Why would it be a good thing to have great population growth?

And 300,000 Californians have moved to Texas? When can we expect millions more to follow? I can't wait.

Why haven't you moved? You say you can rent your California place and do better in Texas? What's holding you back?
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Old 05-03-2014, 02:23 PM
 
Location: Central Bay Area, CA as of Jan 2010...but still a proud Texan from Houston!
7,484 posts, read 10,444,827 times
Reputation: 8955
Quote:
Originally Posted by Tulemutt View Post
Getting snippy are we? Do you own a business in Texas? Or California? Is that where your assumptions come from? My observations are based on solid, verified information. Sufficient amounts of which have been linked already.
LOL you are quite the funny one. Well hate to be the one to tell you but it sounds like your verified information was garbage.
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Old 05-03-2014, 02:31 PM
 
Location: Central Bay Area, CA as of Jan 2010...but still a proud Texan from Houston!
7,484 posts, read 10,444,827 times
Reputation: 8955
Quote:
Originally Posted by Tulemutt View Post
?? California's population, regrettably, is growing. Just passed 38.3 million. Nation's most populous. As I said, unfortunately. People move around all the time. Always have. Who cares? Why is that significant? Why would it be a good thing to have great population growth?

And 300,000 Californians have moved to Texas? When can we expect millions more to follow? I can't wait.

Why haven't you moved? You say you can rent your California place and do better in Texas? What's holding you back?
Why do you have issues with people that are tired of incompetent CA politics and just plain corrupt CA tax spending system?

Why do you have issues with people discussing the problems in CA?

You live on a boat thus have almost zero life comparison for COL compared to most people.

It is interesting that the CA posters that seethe most are the ones who don't contribute as much as everyone else when it comes to paying the taxes in this state.

It is none of you business why he has not moved. That is not the issue being discussed.

It's like asking you why don't you contribute more to CA and buy a 2M house? Why don't you donate money to fund the pensions? Why don't you feed all the homeless, why don't you pay the health bills for those who can't. Why????

See how ridiculous you sound?

You just rather stick you fingers in your ears and sing lalalalala vs. having an intelligent discussion.
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