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by mmooss 2 days ago
What is HHI level?

What you say isn't entirely true. Lot's of people are moving to Texas (and Florida), thus they are able to move. Lots of wealthy people go out of their way to praise Texas.

The answer is really politics, I think. The most important states economically and culturally, NY and California, are liberal. Conservatives are looking for a flag-bearer.

1 comments

HHI is "household income" which fits perfectly with your observation that wealthy people go out of their way to praise Texas: because Texas is probably the best state to efficiently make money if you're rich. Property taxes are regressive tax, so they hit the poor more than the rich. Sales tax is the same way. And state income tax is literally forbidden by the Texas Constitution as of a couple years ago.

So you just keep making craploads of money and all you have to do is pay the same federal income tax you'd be paying in any state.

That doesn't explain all the lower-HHI people moving to and praising Texas.
I'm not aware of lower HHI people moving to and praising Texas, nor have I witnessed it. What is happening is wealthy Californians moving to Texas, driving prices of homes up, and pricing out locals.

I don't even know how you have heard the voices of lower HHI people. They're hardly ever interviewed, and they don't write think pieces for media outlets. They're just...poor.