Quote:
Originally Posted by lio45
One big downside of Toronto is income taxes for Amazon's workers.
HQ2 in Austin or Dallas for example (Texas has no personal state income tax) means you can pay those ~50,000 workers less while still having them perfectly satisfied with their net earnings and the lifestyle they can get from their pay.
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Not if they want to buy a house/apartment or even rent one. Real estate prices are sky high due to high property taxes. You might pay less in income tax but you pay more in property tax so it washes out.
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