Another Tech Giant Leaving Silicon Valley

[2aguy]

Oracle leaves Silicon Valley…
Oracle is implementing a more flexible employee work location policy and has changed its Corporate Headquarters from Redwood City, California to Austin, Texas. We believe these moves best position Oracle for growth and provide our personnel with more flexibility about where and how they work,” a spokesperson confirmed to CNBC.

And Hewlett-Packard and Tesla all joining migration of
Number Of Californians Moving To Texas Up 36 Percent In A Year

Number Of Californians Moving To Texas Up 36 Percent In A Year

Amid California's ongoing housing woes, the number of people moving from California to Texas has grown more than 30 percent in a year, according to a new report.

sanfrancisco.cbslocal.com

Nearly 564,000 people moved into the state in 2018, according to the realtors, which averages out to more than 1,500 people per day.
Texas also added nearly 202,000 new residents who came from outside the United States.

Way to go!!!

Won't be long now. They'll ruin Texas like they did cal. Thank goodness I don't have long left to live.

Mark Levin once pointed out that leftists are like locusts....they go to a city, or state, wreck it, hollow it out....then pick up and leave and repeat the same process in the next city or state...

It's called capitalism, that unregulated "free market" conservatives value above all else.

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No....capitalism makes things better....crony socialism destroys everything it touches.

 

[BertramN]

Oracle leaves Silicon Valley…
Oracle is implementing a more flexible employee work location policy and has changed its Corporate Headquarters from Redwood City, California to Austin, Texas. We believe these moves best position Oracle for growth and provide our personnel with more flexibility about where and how they work,” a spokesperson confirmed to CNBC.

And Hewlett-Packard and Tesla all joining migration of
Number Of Californians Moving To Texas Up 36 Percent In A Year

Number Of Californians Moving To Texas Up 36 Percent In A Year

Amid California's ongoing housing woes, the number of people moving from California to Texas has grown more than 30 percent in a year, according to a new report.

sanfrancisco.cbslocal.com

Nearly 564,000 people moved into the state in 2018, according to the realtors, which averages out to more than 1,500 people per day.
Texas also added nearly 202,000 new residents who came from outside the United States.

Way to go!!!

The companies are welcome but their wacko lib pajama boy workers are not welcome

Who do you think built and runs those companies, plus the educated "elitists" required to do the design and engineering. Yes, Texas will soon take on an entirely different image as the California tech giants move in.

.

 

[Seawytch]

Cool...more liberals moving to Texas.

When they see how much more of their money they can keep, will they still be commies, I kind of doubt it.

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They are already rich, or they wouldn't have a company to move. If they were gonna be right wing, it would have already happened.

Not talking about the owners, I'm talking about the worker bees, that's where the numbers are. Depending on the jurisdiction the TX sales tax is up to 2.25% less than commiefornia and TX has zero personal income tax. But the millionaires would save about 17% on the total commiefornia tax burden and that doesn't include reduced property taxes. Hopefully those kind of savings will give some folks an attitude adjustment.

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Money may be your core belief...It's not for liberals. These companies moving to red states is simply turning these states purple. Win win.

 

[miketx]

 

[OKTexas]

Cool...more liberals moving to Texas.

When they see how much more of their money they can keep, will they still be commies, I kind of doubt it.

.

They are already rich, or they wouldn't have a company to move. If they were gonna be right wing, it would have already happened.

Not talking about the owners, I'm talking about the worker bees, that's where the numbers are. Depending on the jurisdiction the TX sales tax is up to 2.25% less than commiefornia and TX has zero personal income tax. But the millionaires would save about 17% on the total commiefornia tax burden and that doesn't include reduced property taxes. Hopefully those kind of savings will give some folks an attitude adjustment.

.

You don't think lots of those worker bees will follow the hive?

Nope, not once they get a taste of freedom, and low taxes and gas prices. You commies sure seem to be touchy that some folks might be rejecting your propaganda and screwed up policies and moving to greener pastures. I love it.

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[Dont Taz Me Bro]

If California was a country, it would have the world's 5th largest economy. I doubt a few companies leaving will cause much problem.

I was waiting for this comment because it's the same one you guys trot out every time someone brings this up. The fact of the matter is it's not a few companies leaving California. It's a pattern that's been taking place for almost two decades and accelerating. California has lost tens of billions of dollars from its economy to other states, Texas being the primary recipient. For the first time since statehood they are about to lose a Congressional seat after the Census due to anemic population growth and the only reason they haven't had a net loss in population is due to foreign immigration. You can bet your ass post pandemic the affects are going to start showing because many companies that have converted workers to being home based are going to continue that because it's saving them a lot of money on real estate costs. My company just closed two offices in California because their leases were up and they decided to let the staff at both facilities work from home permanently instead of renewing the office space. Not having to commute to a local office will only accelerate the number of Californians leaving the state for a lower cost of living. It's already taking place. Why do you think states like Nevada, Texas, Idaho, and Utah have been among the fastest growing in the country? It's largely from the California exodus.

Wow, Two decades of claiming doom for California because of a few companies moving occasionally, and they are still the 5th biggest economy in the world.. That's a long time to be waiting on the results you claim are just around the corner, isn't it?
You said yourself that there hasn't been a loss in population. Why would they lose a congressional seat with no population reduction?
Is there any reason to believe California is the only state where companies are allowing their employees to work from home?

You're suffering from the frog in boiling water syndrome

California Businesses Leave The State By The Thousands

California businesses are leaving the state in droves. In just 2018 and 2019—economic boom years—765 commercial facilities left California. This exodus doesn’t count Charles Schwab’s announcement to leave San Francisco next year. Nor does it include the 13,000 estimated businesses to have left...

www.hoover.org

San Diego could lose a congressional seat after the 2020 Census, expert says

It’s something that has never happened before and could have long-lasting political impacts.

www.10news.com

 

[OKTexas]

Oracle leaves Silicon Valley…
Oracle is implementing a more flexible employee work location policy and has changed its Corporate Headquarters from Redwood City, California to Austin, Texas. We believe these moves best position Oracle for growth and provide our personnel with more flexibility about where and how they work,” a spokesperson confirmed to CNBC.

And Hewlett-Packard and Tesla all joining migration of
Number Of Californians Moving To Texas Up 36 Percent In A Year

Number Of Californians Moving To Texas Up 36 Percent In A Year

Amid California's ongoing housing woes, the number of people moving from California to Texas has grown more than 30 percent in a year, according to a new report.

sanfrancisco.cbslocal.com

Nearly 564,000 people moved into the state in 2018, according to the realtors, which averages out to more than 1,500 people per day.
Texas also added nearly 202,000 new residents who came from outside the United States.

Way to go!!!

The companies are welcome but their wacko lib pajama boy workers are not welcome

Most of those will chose to remain in CA, the smart ones will move.

.

 

[OKTexas]

If California was a country, it would have the world's 5th largest economy. I doubt a few companies leaving will cause much problem.

I was waiting for this comment because it's the same one you guys trot out every time someone brings this up. The fact of the matter is it's not a few companies leaving California. It's a pattern that's been taking place for almost two decades and accelerating. California has lost tens of billions of dollars from its economy to other states, Texas being the primary recipient. For the first time since statehood they are about to lose a Congressional seat after the Census due to anemic population growth and the only reason they haven't had a net loss in population is due to foreign immigration. You can bet your ass post pandemic the affects are going to start showing because many companies that have converted workers to being home based are going to continue that because it's saving them a lot of money on real estate costs. My company just closed two offices in California because their leases were up and they decided to let the staff at both facilities work from home permanently instead of renewing the office space. Not having to commute to a local office will only accelerate the number of Californians leaving the state for a lower cost of living. It's already taking place. Why do you think states like Nevada, Texas, Idaho, and Utah have been among the fastest growing in the country? It's largely from the California exodus.

Yep, from what I've heard, TX will gain 3 house seats due to the census, those seats are coming from blue States.

.

 

[OKTexas]

Cool...more liberals moving to Texas.

When they see how much more of their money they can keep, will they still be commies, I kind of doubt it.

.

They are already rich, or they wouldn't have a company to move. If they were gonna be right wing, it would have already happened.

Not talking about the owners, I'm talking about the worker bees, that's where the numbers are. Depending on the jurisdiction the TX sales tax is up to 2.25% less than commiefornia and TX has zero personal income tax. But the millionaires would save about 17% on the total commiefornia tax burden and that doesn't include reduced property taxes. Hopefully those kind of savings will give some folks an attitude adjustment.

.

Money may be your core belief...It's not for liberals. These companies moving to red states is simply turning these states purple. Win win.

Oh OK, isn't it your nap time? You commies have been making these claims for years. LMAO

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[Mac-7]

Who do you think built and runs those companies, plus the educated "elitists" required to do the design and engineering. Yes, Texas will soon take on an entirely different image as the California tech giants move in.

Sane conservatives make better employees than libs

 

[BULLDOG]

Cool...more liberals moving to Texas.

When they see how much more of their money they can keep, will they still be commies, I kind of doubt it.

.

They are already rich, or they wouldn't have a company to move. If they were gonna be right wing, it would have already happened.

Not talking about the owners, I'm talking about the worker bees, that's where the numbers are. Depending on the jurisdiction the TX sales tax is up to 2.25% less than commiefornia and TX has zero personal income tax. But the millionaires would save about 17% on the total commiefornia tax burden and that doesn't include reduced property taxes. Hopefully those kind of savings will give some folks an attitude adjustment.

.

You don't think lots of those worker bees will follow the hive?

Nope, not once they get a taste of freedom, and low taxes and gas prices. You commies sure seem to be touchy that some folks might be rejecting your propaganda and screwed up policies and moving to greener pastures. I love it.

.

Texas property taxes are 264% of what California's property taxes are.

 

[BULLDOG]

If California was a country, it would have the world's 5th largest economy. I doubt a few companies leaving will cause much problem.

I was waiting for this comment because it's the same one you guys trot out every time someone brings this up. The fact of the matter is it's not a few companies leaving California. It's a pattern that's been taking place for almost two decades and accelerating. California has lost tens of billions of dollars from its economy to other states, Texas being the primary recipient. For the first time since statehood they are about to lose a Congressional seat after the Census due to anemic population growth and the only reason they haven't had a net loss in population is due to foreign immigration. You can bet your ass post pandemic the affects are going to start showing because many companies that have converted workers to being home based are going to continue that because it's saving them a lot of money on real estate costs. My company just closed two offices in California because their leases were up and they decided to let the staff at both facilities work from home permanently instead of renewing the office space. Not having to commute to a local office will only accelerate the number of Californians leaving the state for a lower cost of living. It's already taking place. Why do you think states like Nevada, Texas, Idaho, and Utah have been among the fastest growing in the country? It's largely from the California exodus.

Wow, Two decades of claiming doom for California because of a few companies moving occasionally, and they are still the 5th biggest economy in the world.. That's a long time to be waiting on the results you claim are just around the corner, isn't it?
You said yourself that there hasn't been a loss in population. Why would they lose a congressional seat with no population reduction?
Is there any reason to believe California is the only state where companies are allowing their employees to work from home?

You're suffering from the frog in boiling water syndrome

California Businesses Leave The State By The Thousands

California businesses are leaving the state in droves. In just 2018 and 2019—economic boom years—765 commercial facilities left California. This exodus doesn’t count Charles Schwab’s announcement to leave San Francisco next year. Nor does it include the 13,000 estimated businesses to have left...

www.hoover.org

San Diego could lose a congressional seat after the 2020 Census, expert says

It’s something that has never happened before and could have long-lasting political impacts.

www.10news.com

I suppose that frog probably got old and died after 2 decades. With Texas property taxes being 264% of what California's property taxes are, that is hardly the reason for a lower cost of living.

 

[Mac-7]

Most of those will chose to remain in CA, the smart ones will move.

I wish Texas could do background checks on refugees from california

 

[BULLDOG]

If California was a country, it would have the world's 5th largest economy. I doubt a few companies leaving will cause much problem.

I was waiting for this comment because it's the same one you guys trot out every time someone brings this up. The fact of the matter is it's not a few companies leaving California. It's a pattern that's been taking place for almost two decades and accelerating. California has lost tens of billions of dollars from its economy to other states, Texas being the primary recipient. For the first time since statehood they are about to lose a Congressional seat after the Census due to anemic population growth and the only reason they haven't had a net loss in population is due to foreign immigration. You can bet your ass post pandemic the affects are going to start showing because many companies that have converted workers to being home based are going to continue that because it's saving them a lot of money on real estate costs. My company just closed two offices in California because their leases were up and they decided to let the staff at both facilities work from home permanently instead of renewing the office space. Not having to commute to a local office will only accelerate the number of Californians leaving the state for a lower cost of living. It's already taking place. Why do you think states like Nevada, Texas, Idaho, and Utah have been among the fastest growing in the country? It's largely from the California exodus.

Yep, from what I've heard, TX will gain 3 house seats due to the census, those seats are coming from blue States.

.

Possible, but it doesn't look like they will be coming from California.

 

[BULLDOG]

Most of those will chose to remain in CA, the smart ones will move.

I wish Texas could do background checks on refugees from california

Of course you do. You wish that. You wish Trump would have won. You might as well wish for a pony while you are at it.

 

[healthmyths]

Oracle leaves Silicon Valley…
Oracle is implementing a more flexible employee work location policy and has changed its Corporate Headquarters from Redwood City, California to Austin, Texas. We believe these moves best position Oracle for growth and provide our personnel with more flexibility about where and how they work,” a spokesperson confirmed to CNBC.

And Hewlett-Packard and Tesla all joining migration of
Number Of Californians Moving To Texas Up 36 Percent In A Year

Number Of Californians Moving To Texas Up 36 Percent In A Year

Amid California's ongoing housing woes, the number of people moving from California to Texas has grown more than 30 percent in a year, according to a new report.

sanfrancisco.cbslocal.com

Nearly 564,000 people moved into the state in 2018, according to the realtors, which averages out to more than 1,500 people per day.
Texas also added nearly 202,000 new residents who came from outside the United States.

Way to go!!!

California is not alone in negative migration..The States Americans Are Fleeing (and Where They're Going)

The industries that made the cost of living and doing business high in California, are the businesses moving to Texas. If they do for Texas what they did for the Bay Area, the price of housing will skyrocket in Austin and the other Texas cities they will call home.

Big Business, the backbone of the predatory capitalism practiced in the United States, only benefits the select few. The jobs offered by the big tech corporations being welcomed by Texas require the "educated elitists" despised by conservatives.

The uneducated rednecks in Texas do not have the specialized skills necessary for the Tech Industry, the menial, manufacturing jobs suited to the RWNJs there are in China.

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California's personal state income tax has ten marginal tax brackets, ranging from 1% (the lowest California taxbracket) to 13.3% (the highest California tax bracket). Each marginal rate only applies to earnings within the applicable marginal tax bracket. In California, different tax brackets are applicable to different filing types.

Texas personal state income tax: Zero!

California's state sales tax:2020 state sales tax rate is 7.5%, and the average CA sales tax after local surtaxes is 8.44%.
Texas state sales tax: is 6.25%,

So between personal income and state sales tax..
California is 20.8% Texas 6.25%
Savings of 13% on an average Calif salary of $63,783. or $8,291 in income and sales tax VX
Texas average salary: is US $ 86,775 or $5,423 differential.
Housing cost Calif: The median home price is $552,800.
Housing cost Texas: Its median home price of $154,531
Another savings of almost $400,000 ... Now Austin median home $426,750 ...Still over $100,000 savings in Texas!

What are property taxes in Texas compared to other states?

Damn easy find out why didn't you do what I just did?

2020 Report Ranks U.S. Property Taxes By State

According to a recent study released by Wallet Hub, residents of New Jersey pay the highest property taxes.

www.forbes.com

 

[danielpalos]

https://www.usnews.com/news/business/articles/2020-12-11/oracle-says-it-will-move-hq-from-silicon-valley-to-texas

As the quality of life in CA declines, more and more companies and billionaires will follow. Couldn't happen to a nicer State.

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We still need to upgrade our energy infrastructure.

 

[Ben Thomson]

Cool...more liberals moving to Texas.

When they see how much more of their money they can keep, will they still be commies, I kind of doubt it.

.

They are already rich, or they wouldn't have a company to move. If they were gonna be right wing, it would have already happened.

Not talking about the owners, I'm talking about the worker bees, that's where the numbers are. Depending on the jurisdiction the TX sales tax is up to 2.25% less than commiefornia and TX has zero personal income tax. But the millionaires would save about 17% on the total commiefornia tax burden and that doesn't include reduced property taxes. Hopefully those kind of savings will give some folks an attitude adjustment.

.

You don't think lots of those worker bees will follow the hive?

Nope, not once they get a taste of freedom, and low taxes and gas prices. You commies sure seem to be touchy that some folks might be rejecting your propaganda and screwed up policies and moving to greener pastures. I love it.

.

The property taxes in Texas are low??..Be careful what you wish for, this keeps up and before you know it homes are going to get real expensive around Dallas and Austin and middle class Texans are going to have to move further out into the sticks just to afford a home. It happned in California and other states that let big corp. come in and call the shots.

 

[OKTexas]

Cool...more liberals moving to Texas.

When they see how much more of their money they can keep, will they still be commies, I kind of doubt it.

.

They are already rich, or they wouldn't have a company to move. If they were gonna be right wing, it would have already happened.

Not talking about the owners, I'm talking about the worker bees, that's where the numbers are. Depending on the jurisdiction the TX sales tax is up to 2.25% less than commiefornia and TX has zero personal income tax. But the millionaires would save about 17% on the total commiefornia tax burden and that doesn't include reduced property taxes. Hopefully those kind of savings will give some folks an attitude adjustment.

.

You don't think lots of those worker bees will follow the hive?

Nope, not once they get a taste of freedom, and low taxes and gas prices. You commies sure seem to be touchy that some folks might be rejecting your propaganda and screwed up policies and moving to greener pastures. I love it.

.

Texas property taxes are 264% of what California's property taxes are.

.

 

[OKTexas]

If California was a country, it would have the world's 5th largest economy. I doubt a few companies leaving will cause much problem.

I was waiting for this comment because it's the same one you guys trot out every time someone brings this up. The fact of the matter is it's not a few companies leaving California. It's a pattern that's been taking place for almost two decades and accelerating. California has lost tens of billions of dollars from its economy to other states, Texas being the primary recipient. For the first time since statehood they are about to lose a Congressional seat after the Census due to anemic population growth and the only reason they haven't had a net loss in population is due to foreign immigration. You can bet your ass post pandemic the affects are going to start showing because many companies that have converted workers to being home based are going to continue that because it's saving them a lot of money on real estate costs. My company just closed two offices in California because their leases were up and they decided to let the staff at both facilities work from home permanently instead of renewing the office space. Not having to commute to a local office will only accelerate the number of Californians leaving the state for a lower cost of living. It's already taking place. Why do you think states like Nevada, Texas, Idaho, and Utah have been among the fastest growing in the country? It's largely from the California exodus.

Yep, from what I've heard, TX will gain 3 house seats due to the census, those seats are coming from blue States.

.

Possible, but it doesn't look like they will be coming from California.
View attachment 428293

So you're saying the report I heard "might" be off by one?

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