Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Great, now Tennessee gets stuck with even more Californians. A lot of CA refugees have already moved there.
The multiple households of former/native Californians I know who live in Franklin have all been in the Nashville metro for over 25 years, and wouldn't change anything about Tennessee, let alone try to make it like LA or the Bay Area (their native areas).
Yes, I'm sure those 80 jobs will the end of California's economy
"A journey starts with 1 step"
This NOT the FIRST and surly WON'T be the last.
1 drip after the other and suddenly your ceiling caves in.
" A growing number of tech companies are packing their bags and moving out of the Golden State. Leading names in the industry are now adding their names to the list.
“This is a major wake-up call,” explained Sanjay Varshney, Sacramento State Finance Professor.
HP Enterprise, software company Oracle and Elon Musk, founder of Tesla and SpaceX, all three big names in tech are packing for Texas."
“It has to do with taxes, clearly, because the states that have been winning recently is the states that don’t have any income tax or corporate taxes,” explained Varshney.
California’s top income tax rate is the highest in the nation at 13.3%. HP and Oracle are moving their headquarters to Texas, while Tesla sets up a new facility in the Lone Star State. The three companies made their announcements within weeks of each other toward the end of 2020.
Varshney fears more companies will follow the growing list.
“The day will come if this goes along the path that we are on right now, that we will see California not being a leader in innovation anymore and beyond the point of repair,” said Varshney.:
Last edited by Quick Enough; 07-31-2021 at 05:30 AM..
I live in a pretty red district in So Cal. Our republican Congressman even lives in our community and his kids grew up there. There are A LOT of red areas of this state. The fact is, if it was SOLIDLY blue, we wouldn't be having a Recall a month or two from now.
The red areas of all blue states are what keeps the blue states somewhat in balance. Without them, the blue states would go full blown Leftwing liberal looney Marxist.
1 drip after the other and suddenly your ceiling caves in.
" A growing number of tech companies are packing their bags and moving out of the Golden State. Leading names in the industry are now adding their names to the list.
“This is a major wake-up call,” explained Sanjay Varshney, Sacramento State Finance Professor.
HP Enterprise, software company Oracle and Elon Musk, founder of Tesla and SpaceX, all three big names in tech are packing for Texas."
“It has to do with taxes, clearly, because the states that have been winning recently is the states that don’t have any income tax or corporate taxes,” explained Varshney.
California’s top income tax rate is the highest in the nation at 13.3%. HP and Oracle are moving their headquarters to Texas, while Tesla sets up a new facility in the Lone Star State. The three companies made their announcements within weeks of each other toward the end of 2020.
Varshney fears more companies will follow the growing list.
“The day will come if this goes along the path that we are on right now, that we will see California not being a leader in innovation anymore and beyond the point of repair,” said Varshney.:
California loses innovation as the decline of American hegemony falls in the world... Wherever these companies and jobs go, they carry all the burdens with them... So the idea is no longer to concentrate everything in a single state, but diversifying, Austin is getting so expensive when Los Angeles and the Texan infrastructure are already showing signs of collapse....every company that wants to leave California must choose to deviate from Texas as well.
Ultimately in the future everything will be the Chinese so it is likely that the US will lose much of its innovation and important companies to China. We will continue to be a rich and important nation... but without great representation in the world.
1 drip after the other and suddenly your ceiling caves in.
" A growing number of tech companies are packing their bags and moving out of the Golden State. Leading names in the industry are now adding their names to the list.
“This is a major wake-up call,” explained Sanjay Varshney, Sacramento State Finance Professor.
HP Enterprise, software company Oracle and Elon Musk, founder of Tesla and SpaceX, all three big names in tech are packing for Texas."
“It has to do with taxes, clearly, because the states that have been winning recently is the states that don’t have any income tax or corporate taxes,” explained Varshney.
California’s top income tax rate is the highest in the nation at 13.3%. HP and Oracle are moving their headquarters to Texas, while Tesla sets up a new facility in the Lone Star State. The three companies made their announcements within weeks of each other toward the end of 2020.
Varshney fears more companies will follow the growing list.
“The day will come if this goes along the path that we are on right now, that we will see California not being a leader in innovation anymore and beyond the point of repair,” said Varshney.:
FWIW, HP has has a huge presence in Texas since at least 2002 when they bought Compaq Computers (located in unincorporated NW suburbia in the Houston metro).
In 2015, HP split into two companies....HP Inc. (still to be headquartered in Palo Alto, CA), and HP Enterprise (to be headquartered in Spring,TX)
HP has been trying to sell/may have already sold the old Compaq Campus (with a leaseback plan). The new HP Enterprise HQ was supposed to have been finished by now, but there were significant delays because of weather related flooding. The new HQ in Spring. TX (within walking distance of the North American HQ of Exxon Mobil in Springwoods Village) is now set to be completed in the Spring of 2022. I may be wrong, but it is my understanding that the new Houston/Spring build wasn't originally intended to become the HQ, that that decision was influenced by the COVID pandemic.
California loses innovation as the decline of American hegemony falls in the world... Wherever these companies and jobs go, they carry all the burdens with them... So the idea is no longer to concentrate everything in a single state, but diversifying, Austin is getting so expensive when Los Angeles and the Texan infrastructure are already showing signs of collapse....every company that wants to leave California must choose to deviate from Texas as well.
Ultimately in the future everything will be the Chinese so it is likely that the US will lose much of its innovation and important companies to China. We will continue to be a rich and important nation... but without great representation in the world.
Oracle is moving it's HQ to Austin, but Hewlett Packard Enterprise isn't (Oracle and HPE being the two companies mentioned).
Hewlett Packard Enterprise is moving to Spring, TX......which is in the Houston metro.
Last edited by RMESMH; 07-31-2021 at 07:12 AM..
Reason: deleted the duplication of the last half of a sentence (typed the last four words twice)
Well, I can't read the article but if they are only off shoring 80 jobs to crack butt America--so what. If this is a billion dollar company, 80 jobs do not represent more than a small call center for the company. Com on.
Kaiser Aluminum's current market cap is just below $2 billion, and the relocation is for the company headquarters, not a call center. It isn't moving to a random small town in Tennessee, as Williamson County is the most affluent in the state and around the 99th percentile nationally. This is a very amenity rich area with expensive real estate and high end retail, so it has (on a smaller scale) many features in common with the part of southern CA where the company is leaving.
As you said, was red, no longer is. How far do you want to go back? It was once owned by Mexico. The red parts are the boonies of CA. Sorry bub, no cigar.
Look no further than 3 posts down from your post for one from stone26 a SoCal resident whose words refute what you said and dovetail with what I said.
You took the easy way out and made the incorrect assumption that Orange County had turned all blue. That is factually incorrect, as stone26 noted. Make no mistake, the county has changed a lot politically but not completely so.
My post rings true because I'm interested in speaking truth and dealing in facts rather than making sloppy, easily-refuted claims that are overly broad, general statements that overlook the details.
As they say, "the devil is in the detail".
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Kaiser leaving California..
