Comment on Texas Attracted California Techies. Now It’s Losing Thousands of Them.
bradorsomething@ttrpg.network 9 months agoTexas has a base sales tax of 6.25, which can be raised by local taxes up to 2%. So it is effectively 8.25% everywhere.
Comment on Texas Attracted California Techies. Now It’s Losing Thousands of Them.
bradorsomething@ttrpg.network 9 months agoTexas has a base sales tax of 6.25, which can be raised by local taxes up to 2%. So it is effectively 8.25% everywhere.
locuester@lemmy.zip 9 months ago
Ok? But that income tax is huge…
I hadn’t considered the fact that some people make money under the table and/or illegally. And this pay not income tax in either state, but a ton of sales tax.
I highly doubt a large amount of that in a 2% local sales tax county is what causes this. If so, that’s crazy.
bradorsomething@ttrpg.network 9 months ago
I feel part of the confusion may be thinking california has a flat tax? It has tax brackets, which increase the percent as you make more.
locuester@lemmy.zip 9 months ago
Yeah, starts at 1%, hits 9% by 68k income. I’m not misunderstanding that. Not seeing how 1% < 0%.