It's started - Exodus from CA

[daepp]

Last time I checked many Tech firms are opening campuses in Austin...

[onewhippedpuppy]

Originally Posted by Tobra

California is last again as it is ranked 50th by CEO Magazine in list of best states for business. Texas is first, again
Chief Executive Magazine Announces Results of Annual CEO Poll, Ranking the Best and Worst States for Business: PR Newswire Business News - MSN Money

My wife's sister and her husband just bought a house in a northern Dallas suburb, I am staggered how much you get for your money even compared to KS. He also makes about 30% more working in Dallas than he did in Wichita, working the same job for the same company. It's pretty much a no-brainer. If I could uproot my wife from her extended family I would be seriously considering a relocation to TX.

[techweenie]

Originally Posted by varmint

make an original movie and we'll pay for it.

Ha. If only that were true.

Unoriginal movie:
Iron Man 3 boxoffice: $270 million and counting.

Original movie:
Compliance boxoffice: $320K

A typical moviegoer makes zero effort to find an original movie.

[70SATMan]

Originally Posted by onewhippedpuppy

My wife's sister and her husband just bought a house in a northern Dallas suburb, I am staggered how much you get for your money even compared to KS. He also makes about 30% more working in Dallas than he did in Wichita, working the same job for the same company. It's pretty much a no-brainer. If I could uproot my wife from her extended family I would be seriously considering a relocation to TX.

Drive the 635 before you decide... That is the poster child for effen up a road project...

[onewhippedpuppy]

Originally Posted by 70SATMan

Drive the 635 before you decide... That is the poster child for effen up a road project...

I go to DFW at least 3 times per year, so I'm fully aware of the hellish traffic. Though I'm not sure most major metros are any better.

[nostatic]

Did you read the report? This release is actually rather misleading. In fact, the title is wrong. It says "...still contemplating relocating..." yet they have no longitudinal data. How can you determine ongoing intent from a single data point?

The report shows that almost everyone is all talk, no action wrt actually moving. They have however put other strategies into play that don't involve moving. And about half of the people surveyed actually agree with the tax increases.

I had breakfast with a venture fund manager this AM. "Silicon Beach" (SoCal tech startups) is going strong. The state isn't dead yet...

Originally Posted by daepp

From KWQC.com
Affluent Californians Still Contemplating Relocating to Avoid Tax Increase:

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE National University System

One quarter of those surveyed considering moving out of state

SAN DIEGO, May 14, 2013 /PRNewswire/ -- A quarter of the residents in California's most affluent communities are considering relocating out of state in response to the increase in state income taxes, according to a report released today by the National University System Institute for Policy Research (NUSIPR). A scientific poll (n=401) conducted by Competitive Edge Research for the National University System Institute for Policy Research from March 4-6, 2013 shows that 13% of the state's residents are somewhat considering a move, 12% are very seriously considering vacating the state, and 1% are already moving out to minimize their personal income tax burden.

The survey finds that these sentiments, while more often held by Republicans, conservatives and higher income residents, are not limited to them. In fact, the biggest factor in explaining whether or not someone is contemplating leaving the Golden State is whether they said they knew a family member or friend who had made a similar move. This social exposure factor is a stronger predictor of move consideration than any other factor, including income, support for conservative candidates, or the level of familiarity with the tax increase. This suggests the potential for a "snowball" effect: the few residents who initially leave create exponentially more who contemplate moving until a sizeable exodus occurs. The finding that social influence plays a big role in tax avoidance behavior is also exciting and dovetails with recent research on social networks.

The survey also found that residents are contemplating other strategies, such as increasing their charitable contributions and investing in more tax-free bonds, to reduce the impact of the increase in state income taxes.

In November of 2012 California voters passed Proposition 30 which temporarily increased the state's sales tax rate and raised income taxes on individual Californians with incomes greater than $250,000 and families earning more than $500,000 in taxable income. Anecdotes throughout the state indicated a level of dissatisfaction, most notably comments from California resident and pro golfer Phil Mickelson's comments prior to the Farmers Insurance Open golf tournament in January. NUSIPR undertook the research to find out just how prevalent such views were.

To focus the survey, NUSIPR used IRS records to target specific zip-codes in the state known to contain a high percentage of affluent taxpayers. More than 400 Californians were surveyed and the survey has a margin of sampling error of plus or minus 4.9%. NUSIPR's full report and the survey results can be found at National University System Institute for Policy Research • NUSIPR Analyzes Reaction of Californians in Affluent Communities to Proposition 30 Tax Increases

CONTACT: ERIK BRUVOLD
858-642-8498
858-361-1540
ebruvold@nu.edu

[legion]

My best friend just left a very high paying job in San Jose for a less well-paying job in North Carolina, and he figures after taxes, he has way more money to spend in an area that costs way less to live in.

I'm looking to get the heck out of Illinois after they doubled the income tax rate two years ago. Fortunately, my employer has decided to scale back operations in high tax states like Illinois and is expanding them in Arizona, Texas, and Georgia.

[RWebb]

California was GREAT until the Indians got there.

Then it was great until the Spanish arrived and effed up the place with their cattle (while enslaving the Indians).

Then it was great until the Americans arrived and effed up the place with their towns and gold mining (while screwing the Spanish/ Californios out of their property).

Then it was great until the Okies arrived and effed up the place with their camp sites and sleeping in ditches (while providing cheap labor in the fields).

Then it was great until the guys shipped out of there in WWII decided to come back and effed up the place with their suburbs (while relaxing in their swimming pools and driving all their cars around).

[techweenie]

Originally Posted by RWebb

California was GREAT until the Indians got there.

Then it was great until the Spanish arrived and effed up the place with their cattle (while enslaving the Indians).

Then it was great until the Americans arrived and effed up the place with their towns and gold mining (while screwing the Spanish/ Californios out of their property).

Then it was great until the Okies arrived and effed up the place with their camp sites and sleeping in ditches (while providing cheap labor in the fields).

Then it was great until the guys shipped out of there in WWII decided to come back and effed up the place with their suburbs (while relaxing in their swimming pools and driving all their cars around).

Then it was great until all those boring midwesterners got here...

Ex-GF completed her move back from SC to CA a few weeks back. Very happy to be back where engineers get a reasonable rate of pay and where there're mountains, ocean and culture.

[70SATMan]

Originally Posted by legion

My best friend just left a very high paying job in San Jose for a less well-paying job in North Carolina, and he figures after taxes, he has way more money to spend in an area that costs way less to live in.

I can see that. I worked a site out that way. I was living in Elizabeth City.

The country is beautiful and all but, I hope he is Church People. That's the first question they ask you.

I think they save a lot of money being able to dump everything in their side yards (relatives included).

[70SATMan]

Originally Posted by techweenie

Then it was great until all those boring midwesterners got here...

.

Watch your tongue Mister!

[Zeke]

I'll take all the 'boring midwesterners' you've got. East Coast types have changed the climate. Of course it was East Coast folks that came first to San Francisco to start banks to take all the midwesterners' money.

Repatriation (from other states) by 1000's of WWII soldiers made for a unique culture. Then we all went surfing. Hollywood was a mainstay.

And then the new wave of East Coast came for the money, again.

[kanadary]

Why would you move from socal. You have in n out, and cars and coffee in irvine. Enough said.

[onewhippedpuppy]

Originally Posted by techweenie

Ex-GF completed her move back from SC to CA a few weeks back. Very happy to be back where engineers get a reasonable rate of pay and where there're mountains, ocean and culture.

Can't argue with the scenery and weather, but the pay isn't there in my experience. I know a number of people that have moved to/from CA and the increase in pay was not commensurate with the increase in living cost. I figure you gotta pay to play, and everybody has their own personal cost/benefit analysis.

[RWebb]

just sleep on the beach

[wdfifteen]

I could live in the Kingsport area of TN. I'd retire there before anyplace I've been in CA.

[dan88911]

I was in San Diego this pass weekend the marina area downtown.
Dam nice place absolutely beautiful.

[motion]

California is the best all-around place in the world. If you don't agree with that, then you either haven't spent time in California, or you haven't been to other places in the world. When I mean "all-around", I mean all things considered. California has it all. Its an amazing place.

[Tobra]

It used to be.

Now the negatives outweigh the positives for too many people that you want hanging around, spending money. There was a time when people lived their whole lives in Cali and retire here. I don't believe that is the case any longer.

Yeah Todd, you are right, it is a flawed poll, all of them are. Money and the people who know how to make it can travel. Smart people tend to do things that are in their own self interest. It just depends on what you value. To me, it is worth living here, because this is where my family is. If all I was looking at were financial considerations, there is no way in hell I would be living in California. If enough of the people that have the ability to generate large incomes leave, and the ones not generating any revenue for the state continue to come, it all falls apart. Of course at least half are in favor of the increase taxes, more than half the people here support the Democrats.

The trend to take tech companies to Austin is not a new thing, BTW.

Originally Posted by 70SATMan

Drive the 635 before you decide... That is the poster child for effen up a road project...

When I lived on Lake Conroe, my brother came out 3 times. They were working on I 45 every single time he came out. Large stretches of construction, where it has the cement divider and one lane going each direction. He commented about them still working on it the second time he came out. The third time he wanted to know if they were ever going to finish it. It was pretty funny, of course they were not working on it for the entire 10 years, funny nonetheless.

Originally Posted by Zeke

I'll take all the 'boring midwesterners' you've got. East Coast types have changed the climate. Of course it was East Coast folks that came first to San Francisco to start banks to take all the midwesterners' money.

Repatriation (from other states) by 1000's of WWII soldiers made for a unique culture. Then we all went surfing. Hollywood was a mainstay.

And then the new wave of East Coast came for the money, again.

It is posts like this that make me glad you came back.

It is incredible how much California changed between 1984 and 2004. I know it changed a lot in the years prior to that, but it is very striking to me how far things have fallen in the last 30 years or so.

[speeder]

It's funny but I've been here 30 years and I think it's gotten a lot better. Matter of perspective, I guess.