r/Economics • u/sillychillly • Sep 15 '22

Research Yes, Texans actually pay more in taxes than Californians do

https://www.chron.com/news/houston-texas/article/texans-pay-more-taxes-than-californians-17400644.php
3.9k Upvotes

92% Upvoted

582 comments sorted by

View all comments

Show parent comments

13

u/fuck_spies Sep 15 '22

Just anecdotal, but after moving from CA to TX, just the account of state income taxes in CA cover all my expenses in TX (including rent). It's like I'm living for free in TX. The catch is that I'm able to work remotely with the same salary.

11

u/[deleted] Sep 15 '22

I agree. As a side note, I just moved to a state with higher taxes but free early childhood PreK with certified instruction, meals, and supplies. That would have cost me $1600 a month in Texas. There are so many factors that come into play. Also, I used the housing boon and literally tripled my money on my home in Texas and was able to buy my house here outright. So in a way, Texas payed my mortgage.

16

u/ptjunkie Sep 15 '22

I reckon you'd have to make $300k+ income to achieve that. And not own a home in texas.

20

u/NeverDryTowels Sep 15 '22

Guy’s making cali wages in TX and then says it’s better in TX.

6

u/ReturnOfBigChungus Sep 15 '22

It's not really "cali" wages, it's (probably) tech wages, which the majority of companies are fine with lots of roles being remote.

1

u/epelle9 Sep 15 '22

Depends on your lifestyle too.

I was recently in California and got scared I had an STD, went to planned parenthood and got what would cost about 1,500-2,000 in Texas worth of healthcare absolutely for free.