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re: California and Texas are the 2 best states in the Union

Posted on 8/25/16 at 11:05 pm to
Posted by THRILLHO
Old Metairie near Cleary
Member since Apr 2006
50501 posts
Posted on 8/25/16 at 11:05 pm to
quote:

Why bring up only INCOME tax. Texas has high property taxes to make up for the low income tax. Total state taxed is what counts.



LINK

Texas = 8th in per capita total taxes
California = 39th in per capita total taxes
Posted by xrockfordf150x
Walker, LA
Member since Sep 2008
3996 posts
Posted on 8/25/16 at 11:39 pm to
Their economic success is pretty easy to diagnose. Texas is the energy capitol of the US and has thousands of high paying energy jobs with scores of cooperate headquarters. California is the tech and entertainment capitol of the the US and has thousands of high paying positions in each. Both states are able to capitalize on the numerous amount of wealth generated by those industries. It leads to entrepreneurial growth in businesses that supply both the industries and high income earners with services which leads to more economic growth.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
151512 posts
Posted on 8/25/16 at 11:42 pm to
It's hard to argue....

I'd say Va is up there. As is NY state.
Posted by omegaman66
greenwell springs
Member since Oct 2007
27557 posts
Posted on 8/25/16 at 11:47 pm to
I would have thought California would be higher than 39!
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
151512 posts
Posted on 8/25/16 at 11:48 pm to
I'd bet both of them combined has a bigger GDP output than Russia X 2
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 8/25/16 at 11:55 pm to
if russia was a state in the US, they would be 4th in terms of gdp.


pretty cool wiki page

LINK
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
43530 posts
Posted on 8/26/16 at 12:11 am to
quote:

California is as broke as Louisiana


Uhmmm..... No it's not. They can't spend like they used to.... Mainly do to prop 13 which is a vestige of Reaganism and really fricked the finances of the state. But their economy still blows Texas away. And Venture Capital is probably 10 times what Texas has.
This post was edited on 8/26/16 at 12:52 am
Posted by RedRifle
Austin/NO
Member since Dec 2013
8335 posts
Posted on 8/26/16 at 6:40 am to
That's because most people don't do any independent research. They hear that California is "the bastion of terrible liberal politics" and without ever going there or living there they think it's terrible. California is awesome.

Texas is awesome too by the way.
This post was edited on 8/26/16 at 6:41 am
Posted by Tigris
Cloud Cuckoo Land
Member since Jul 2005
13220 posts
Posted on 8/26/16 at 7:04 am to
quote:

California is a great state if you're wealthy.


Exactly. My brother had to move to San Diego for his work. He and his family love San Diego. And they are saving almost no money at all. Rent is close to $4,000 a month and to buy a house would run them over $1,000,000. His kids are getting out of high school now and he's headed back to the midwest so he can save money and retire some day.

California has some of the most beautiful country in the country and I love going out there. And I'd never consider moving there.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 8/26/16 at 7:15 am to
Go look up the comparison of unfunded liabilities between the two.
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 8/26/16 at 7:17 am to
quote:

California is a great state if you're wealthy.


That is the feeling I get. It seems like it would be a bit difficult to lead a middle class lifestyle in a place like California. Of course, my view of the costs out there are skewed because living in the South, I'm around low wages and low costs of living. Anywhere outside the South seems expensive from my point of view.
This post was edited on 8/26/16 at 7:18 am
Posted by double d
Amarillo by morning
Member since Jun 2004
17210 posts
Posted on 8/26/16 at 7:40 am to
I'll agree with Texas but no way does California come close. The best thing that could happen is an earthquake splits Cali from the mainland and it sinks. Screw Lib Land Cali.
Posted by Split2874
Mandeville
Member since Jul 2012
3665 posts
Posted on 8/26/16 at 7:53 am to
If California is so great who does God not give them water and keeps trying to burn it with wildfires
Posted by lsupride87
Member since Dec 2007
112526 posts
Posted on 8/26/16 at 7:55 am to
I will say Texas is a great state and I wish Lousiana could mimic it.

Great schools, affordable nice housing, great job opportunities, etc etc
Posted by slackster
Houston
Member since Mar 2009
91871 posts
Posted on 8/26/16 at 7:58 am to
quote:

I'll agree with Texas but no way does California come close. The best thing that could happen is an earthquake splits Cali from the mainland and it sinks. Screw Lib Land Cali.


The best thing that could happen to who? California has some abysmal policies but they're a net giver to the federal government.
Posted by lsupride87
Member since Dec 2007
112526 posts
Posted on 8/26/16 at 7:58 am to
quote:

That is the feeling I get. It seems like it would be a bit difficult to lead a middle class lifestyle in a place like California
It depends. I am a CPA with multiple years experience in Internal Audit. I was offered a position with Uber in San Fran making 150k a year. My wife is a nurse, and CA has a nurses union, so her yearly pay there would be between 80-100k

So, and an upper 20s couple with decent jobs, we could live a pretty good lifestyle still in the bay area
This post was edited on 8/26/16 at 7:59 am
Posted by Blue Velvet
Apple butter toast is nice
Member since Nov 2009
20112 posts
Posted on 8/26/16 at 8:02 am to
But then you're stuck in a city, surrounded by Texans
Posted by RedRifle
Austin/NO
Member since Dec 2013
8335 posts
Posted on 8/26/16 at 8:42 am to
Are you going to take it? You should.
Posted by lsupride87
Member since Dec 2007
112526 posts
Posted on 8/26/16 at 8:54 am to
quote:

Are you going to take it? You should.
Unfortunately no. We have a little one and being close to family is huge for us
Posted by PhilipMarlowe
Member since Mar 2013
22069 posts
Posted on 8/26/16 at 8:55 am to
I mean, this is just common knowledge right?
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