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.

  • bradorsomething@ttrpg.networkEnglish
    6·
    7 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.zipEnglish
      1·
      7 months ago

      Yeah, starts at 1%, hits 9% by 68k income. I’m not misunderstanding that. Not seeing how 1% < 0%.