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.

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.

  • plumcreek@lemmy.mlEnglish
    121·
    7 months ago

    Landlords pass on higher property taxes to their tenants in the firm of higher rents. You don’t need to own property to be affected by high property taxes.

    • locuester@lemmy.zipEnglish
      1·
      7 months ago

      Ok, then we are getting into estimated tax derivatives. Yeah I can’t just make guesses there.

      That’s not direct tax.

      But I agree there could be something there. It would be minimal I’d assume but I truly don’t know.