Why tech billionaires like Elon Musk are ditching Silicon Valley for Texas
Why tech billionaires like Elon Musk are ditching Silicon Valley for Texas With no personal income tax and lower house prices, Texas is being seen by many as an attractive alternative to the Bay area 18 December 2020 • 6:00am In February 2013, Californians listening to the radio were treated to an unusual advert. "Building a business is tough," a honey-toned voice affirmed. "But I hear building a business in California is next to impossible." The speaker was none other than Rick Perry, then the governor of Texas, attempting to entice entrepreneurs away from the Golden State. The advert was...
Source: telegraph.co.uk