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HP Inc. Message Board

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  • vt_investor vt_investor Jul 23, 2003 10:01 AM Flag

    Darn the luck!

    > Why do you think companies are bailing out of California?
    > It costs too much!

    But taxes are not what makes a simple 2 bedroom house cost $1,000,000 in California, while the same house is maybe $200,000 in other parts of the country.

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    • You are right. But who can afford those houses?

      While you are at it, why does the avg Silicon Valley job COST +20% more than the same job elsewhere in the US ? Workers HAVE to get paid more in California or they can't afford to live there. 10% income tax, 9% sales tax, $500/yr car registration, one of the highest state gas taxes, the list goes on and on...

      Why does a company like HP move their operations from California to Texas? Why not close down the Texas operation instead? Easy, it costs more in California to do the same work.

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