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.

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.

  • phoneymouse@lemmy.worldEnglish
    19·
    6 months ago

    Also, property tax is really high in Texas and unlike California, you aren’t shielded from spikes in property value greatly increasing your property tax burden.

    I believe it’s to a degree that the average tax burden is actually higher in Texas than California.