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submitted 7 months ago by [email protected] to c/technology

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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.

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[–] [email protected] 6 points 7 months ago (1 children)

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.

[–] [email protected] 1 points 7 months ago

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