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Is Elon Going to Buy a Whole Town? Let's Talk Taxes, Texas, and Intentions
Manage episode 357785971 series 3401282
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#ElonMusk #Texas #California #TaxBurden
Elon Musk has reportedly purchased thousands of acres of land in Texas to build his own town for employees to live and work. The proposed town, adjacent to Boring and SpaceX facilities, is said to include rental homes below the local market value and a Montessori school. Texas law requires at least 201 residents before incorporating an area, and plans call for the construction of 110 more homes. Musk's move to Texas comes as he criticized California for "overregulation, overlitigation, overtaxation." This video provides insights into the survey conducted by WalletHub, comparing California and Texas' tax burdens.
COERICION - co·er·cion
noun
- the practice of persuading someone to do something by using force or threats.
- "our problem cannot be solved by any form of coercion but only by agreement"
#ElonMusk #Texas #California #TaxBurden #WalletHub #Boring #SpaceX #MontessoriSchool #RentalHomes #MarkCuban #MustangTexas
Discussion References :
https://www.youtube.com/watch?v=6h393V0FuBw
https://finance.yahoo.com/news/elon-musk-reportedly-building-own-165241581.html
Newsom: Texans pay more in taxes than Californians. Is he ...
The Sacramento Bee
https://www.sacbee.com › capitol-alert › article271288017
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