537
submitted 6 months ago by lautan@lemmy.ca to c/technology@lemmy.world

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.

you are viewing a single comment's thread
view the rest of the comments
[-] wjrii@lemmy.world 63 points 6 months ago

The article even addresses this. Texas Monthly in general is a good gauge of the "44%" of Texas that isn't crazy, or at least is crazy in the silly fun way.

Meanwhile, Texas is not a low-tax, low-service state, as is commonly held. It’s a high-tax, low-service state: we may have no income tax, but at least one study found that we have one of the ten highest total tax burdens in the nation, with property taxes making up most of the gap. The quality of state services, however, has not improved commensurate with the growth of state budgets.

this post was submitted on 27 Apr 2024
537 points (97.2% liked)

Technology

59038 readers
3023 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS