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
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    722 days 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
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      122 days ago

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