Discussion:
Elon Musk relocates to the Lone Star State, along with his private foundation
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BeamMeUpScotty
2020-12-09 17:51:45 UTC
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"For Musk, a move to Texas could mean potential savings of billions in
tax dollars. His 2018 Tesla compensation package rewards him when the
company hits certain milestones. California has the highest income tax
in the country, while Texas has no state income tax."
Good going CA. You get what you deserve.
OH, NO! Tesla is moving to Texas!
Is it?
Or is Texas just relieving California of housing another rich
shithead?
It's hard to tell, but he did stand up to California's stupid and insane
Governor and his LOCK-DOWNS.

That suggests he's NOT as stupid as all those that stay in California
and re-elect the Democrats. ;)
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Byker
2020-12-09 20:26:49 UTC
Permalink
"For Musk, a move to Texas could mean potential savings of billions in
tax dollars. His 2018 Tesla compensation package rewards him when the
company hits certain milestones. California has the highest income tax
in the country, while Texas has no state income tax."
Good going CA. You get what you deserve.
OH, NO! Tesla is moving to Texas!
Is it?
Or is Texas just relieving California of housing another rich
shithead?
2019 tax rates compiled by the Federation of Tax Administrators rank
California as the top taxer with a 12.3% rate, unless you make more than $1
million and have to pay 13.3%.

Texas has ZERO state income tax.

Reason enough to move?
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