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by jedberg 1185 days ago
> Everyone I know that moved to Austin from CA did so to avoid paying taxes on cashing out stock options.

And a lot of those people are now moving back after that one time tax savings. Heck even Elon is moving back.

> So if you're a top 1% or more, you save at least 4X in taxes

Only income taxes, but property and energy taxes are still higher.