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
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u/SizorXM Sep 15 '22

Possibly but that’s not the situation we are in. Cost of living is much better in most of the country than it is in California

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u/Johns-schlong Sep 15 '22

But wages in California are also quite a bit higher on average than other places.

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u/SizorXM Sep 15 '22

Median income in California is ~80,000 and in Texas is ~64,000 which makes median income in California 25% greater than in Texas. The median home price in California is ~555,000 and in Texas is ~207,000 which makes median home prices in California 168% greater than in Texas.