That math is highly misleading. You're comparing $40 million in giveaways divided by the number of jobs retained vs. $26 billion, most of which were loans, not giveaways, divided by the number of jobs gained.

Yes.

What was it in the end, something just short of $8 billion from the state and they still got $2+ billion in concessions from workers? I don't remember the exact totals, but I do remember thinking to myself "holy shit, that's enough to pay several years' worth of wages to the workers"... And I thought it was bad when…

The problem of course is they're paying Toyota to move jobs that could easily be relocated again later. Funny how when tax incentives run out these companies tend to pack up and leave. What you really want is investment that is difficult to relocate... in the case of auto companies, this means you should prefer…

You do realize that California has grown jobs (in terms of % growth) over the past 4 years faster than 45 of the 50 states, right?

And all those employees will demand services. Fire, police, schools, etc....

Did Texas outbid California? It turns out that Toyota never even notified Kentucky they were thinking of moving... so if Kentucky wasn't given the chance to respond to Texas, was California? Were other states given the opportunity? Like Ohio, which has a corporate tax structure like Texas, but at 75% lower rates,…

$10,000 per job to the tune of $40 million. It's clear Texas was serious about getting Toyota, and it's probably going to end up as a major economic victory for the state. Texas' lack of corporate and income taxes are good news for the automaker as well.

Nice broken link. That's too bad, because I'm so absolutely positive you would have actually provided hard data, instead of "truthiness".

Sorry, but a differential of 20 is WAY too fast. Should be 10 or less.

The resentment most drivers have is that most motorcyclists we see lane splitting aren't doing it safely. I'd say the average motorcyclist I see lane splitting is doing 20+ faster than traffic, and often is cutting off drivers in slow-moving traffic and just acting like an asshat.

I've given you hard facts. You respond with claims that it can't be true because of what you feel in your gut.

Except the catch is that taxes going up hits owner-occupied housing as well, making it less affordable. That means that demand is just as high as ever, perhaps more so, for rental property, so the market does tend to allow for rent hikes.

Oh, posh... we all know that renters don't pay property taxes... only homeowners do...

Nevermind facts, of course. Because clearly correlation = causation, right? Especially when the correlation is imaginary.

I will give this to Texas - their marketing is outstanding. They actually have people buying into it hook line and sinker... The truth is that they aren't anywhere near as low tax as people want you to believe - they just tax *differently*. And it helps to be well-connected there - particularly to the governor. …

I find I have to go to overseas to find halfway decent reporting anymore

None of these are union jobs - nor would any of them likely ever become union jobs.

Texas already collects a higher % of state GDP in corporate taxes than does California. In other words, Texas already taxes more than California does. California's code is just a high marginal income tax rate with absurd loopholes, while Texas will just hit you with a flat % of your revenues, minus any state tax…

Texas actually charges more in corporate taxes than Kentucky - they just structure them differently, charging a low % on all revenues instead of a low % on profits.