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Here is why people in tech leaving California should consider moving to San Antonio, Texas: kavoussi.substack.com/p/the-case-for…
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Bonnie Kavoussi
25.4K posts
Bonnie Kavoussi
@bkavoussi
Independent writer on public policy, business, and healthcare. Previously @AlarissGlobal @equitablegrowth @HuffPost @umich @Harvard
Texas, USA Katılım Haziran 2009
3.9K Takip Edilen6.9K Takipçiler
@Indian_Bronson I don't know Detroit well, but the Detroit suburbs and Ann Arbor are really nice
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You should go do this. If you are young American who wants to work really hard, be paid well, and get equity in something that will actually matter to have done ten years from now, just go do this.
Detroit is also a lot nicer than you think btw.
Zane Hengsperger@zanehengsperger
Eagerly hiring a Chief of Staff in Detroit to help us scale production and technology 10x over the next 2 years my dms are open
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@HarvardBizGov @jasonfurman Very well deserved, congratulations!
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We welcome @jasonfurman as the new Director at the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School
We’re delighted to have Jason, a long standing affiliate of @HarvardBizGov, as our new Director and to share this announcement from our colleagues at @Kennedy_School. We look forward to working together to advance rigorous research and impactful dialogue at the intersection of business and government.
Harvard Kennedy School@Kennedy_School
.@jasonfurman has been named director of the Mossavar-Rahmani Center for Business and Government @HarvardBizGov. Furman will serve alongside co-director John Haigh, who has co-led the center since 2011 ken.sc/4cRf79q
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@katie_campione There are plenty of apartments at that rent in Texas!
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To all the people arguing with me about this, please point me to the abundance of apartment listings that someone could qualify for on $65k/yr in NYC. Most landlords require you to make 40x the monthly rent. So that’s 1625 👍
Katie Campione@katie_campione
The low income threshold in NYC is $65,050 for an individual. After taxes that's ~$4,000/month. Meanwhile, median rent in NYC is approaching...$4,000/month. So, I'm not really sure we can keep making this argument.
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@cremieuxrecueil I saw the Cremieux brand at a department store today and thought of you!
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Health advice:
DO NOT let mitochondrial health influencers convince you to start smoking cigarettes
Oxidative State@rudekyoni999
-Nicotine is a mitochondrial uncoupler -Increases testosterone and DHT Paired with aspirin and vitamin c cigarettes might actually be beneficial.
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Who do I know in Austin, TX? Doing something interesting there next month
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@beffjezos @garrytan Even better, move YC to San Antonio. San Antonio has a great startup scene and is more affordable and livable.
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@garrytan Move YC to Cambridge or Austin.
It's time. For founders right now it's too scary to raise in Cali
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The billionaire asset seizure tax will send billions of dollars in tax revenue to all the other states that are not California
Christopher Lochhead 🏴☠️ ✍🏼🎙@lochhead
Garry, the startup ecosystem in California will be cooked if the (so-called) "billionaire tax" is passed. Most people in Silicon Valley still do not know. California wants to change the constitution so they can tax illiquid startup stock. It's not "billionaire tax". It is an asset tax. It will have a devastating effect on (AI) startups in California. TLDR 1) Not limited to one time 2) Not limited to billionaires 3) 1st US tax like this on assets you own (not income you earn) 4) Changes CA Constitution to legalize taxing “all forms of personal property and wealth, whether tangible or intangible”
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@IndigoOlivier $60,000 is a good salary in Texas. It would be great if more magazines were based in Texas.
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re: magazine salaries - I net $39k/year after taxes & healthcare on a $60k salary, and... yeah, it's *definitely* not enough in NYC. and that's with a union.
i still have not economically recovered since I quit my 3 day/wk bartending job in 2019! such is the state of media today
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is there a thinker who i should reach out to make a proactive case for liberal/democratic policies for my podcast? (i asked a reasonable centrist once and they accept but pulled out cuz optics; fair enough)
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@arash_tehran Or the magazine can move its office to a more affordable city like New Orleans (where Current Affairs is) or somewhere in Texas.
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OBVIOUSLY it's not a poor magazine's fault if it can't pay good salaries to its employees. But the solution isn't to say 'It's ok to live on cheap' but find ways of changing this.
One primary way would be to make life more affordable for New Yorkers with socialization, public services, UBI, etc.
The other is state funding and subsidies for small magazines (without ideological strings attached.) That's how it works in the civilized world generally.
But the weirdo American leftists always find a way to make things into some bizarre cultural fight about who gets to be more bad-ass and who is 'guiltier'. You can't beat the weird moralistic protestanism out of this nation
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Beautiful piece by @arthurbrooks on his Catholic faith and how Catholics don't have to choose between religion and patriotism: thefp.com/p/arthur-brook…
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@ckayerawlings This is why more businesses should be based in Texas
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Offering $65-72k for a difficult full time in-office job where you have to live in NYC is a criminal offense
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Great @firstthingsmag essay on Peter Thiel's Antichrist talks and the "struggle over whether humanity will choose sacrificial love or sacrificial violence as the organizing principle of its future": firstthings.com/when-envy-turn…
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Time to start shopping for offices in Austin, Texas
Zach Tratar@zachtratar
People are really underestimating the damage this "Billionaires Tax" will do to California. CA has a spending problem, not a tax revenue problem. But if its politicians keep twisting the knife, they will have both problems.
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End of an era: Sbarro at W 33rd & 7th Ave, near MSG — permanently closed.
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The Kosher food scene in Houston is highly underrated.
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@Indian_Bronson So true, I went there for grad school, and the education felt very Northeastern.
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Michigan is such a strangely Northeastern style state in the Midwest.
Spiritually I think it is more connected to New York and Delaware and Massachusetts than Ohio and Indiana.
O.W. Root@owroot
The Mackinac Bridge on 35mm film.
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@johnamonaco San Antonio, Texas, has a lot of Catholic churches and is safe and affordable. The other major Texas cities (Austin, Dallas, and Houston) also meet your criteria.
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Great article by @alizanarin on how Palantir produces founders: "Really talented people are uneven by nature, and your spike isn’t something to fix. It’s the superpower you should be leaning into. The flip side is just as important: Your weakness is your kryptonite, which means it isn’t something to hustle through but avoid altogether." alizanarin.substack.com/p/inside-the-p…
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@feelsdesperate There is finite, high-demand land in NYC, and it should arguably be occupied by people who actually live there rather than empty investment properties.
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Making it more expensive for rich people to store their wealth in NYC isn’t a good thing actually.
The empty towers are expensive to build and staff (so they produce jobs) and these people already pay large property tax bills relative to the services they consume. So if the wealthy just… take their wealth elsewhere how does that serve NYers?
Mayor Zohran Kwame Mamdani@NYCMayor
Happy Tax Day, New York. We’re taxing the rich.
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Unfortunately, there is a severe housing shortage in NYC, so the idea that there are so many apartments sitting vacant in NYC is offensive to many ordinary New Yorkers trying to make a living. Zohran should be doing more to allow new housing construction, but there are too many apartments sitting vacant as investment properties, not as places to live.
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Non-residents who spend millions of dollars on NYC apartments help drive NYC’s economy. Most of the profit in condominium development is in the penthouses. The Ken Griffins of the world make NYC high end development viable, driving high-paying construction, brokerage, legal, marketing, and other jobs in NYC. We should be applauding Ken for spending $238 million in NYC, not attacking him for doing so.
Importantly, non-resident owners of NYC apartments who leave their apartments vacant for much of the year are not a burden to NYC schools, services, or other resources while they drive growth in retail sales, restaurants, theater, and other important drivers of our economy. They also often support NYC non-profits with donations.
Ken’s company is a major employer in NYC of very high paying jobs which drive a considerable amount of our tax base. We wouldn’t want him to move even more employees to Miami.
These non-resident owners also already pay a lot of taxes including mansion taxes, real estate taxes, sales taxes and more.
While @NYCMayor Mamdani likes the tag line ‘Tax the rich.’ Unfortunately, his policies will harm the constituencies he is supposedly trying to help.
I can’t imagine the NYC construction unions are excited about his plan.
Mayor Zohran Kwame Mamdani@NYCMayor
Happy Tax Day, New York. We’re taxing the rich.
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