Give it a few more years and most of "tech" will have moved to Florida ( mostly ) and Texas. Let's see how long California and New York stay at the top of any list other than crime.
Originally Posted by HedonistForever
Heh....
Texas has already had a tech boom (and bust). Dallas was a Mecca for tech in the late 90's and early early 2000's... right before outsourcing in tech became huge and gutted the market for a while.
The funny thing is-- the donor states ARE donor states because their residents pay more in federal taxes than they get back in welfare, services, transportation, etc. This is part of why NY, California, etc are on that list in the first place. What is odd is-- even with the ever increasing incomes in Texas... Texas is still a taker. Just barely, mind you-- to the tune of about 8 billion. But yeah-- I was surprised that Texas hasn't flipped over yet. They should soon, honestly.
The status of California as a donor state won't change. They still have a vast concentration of ultra-wealthy. Same can be said for New York.. the city itself will continue to prop that state up. Jersey is a bit of a head scratcher-- but I suppose there is a pretty decent amount of wealth there for such a relatively small (in size) state.
Honestly-- I can see tech moving to Nevada before Florida.... same tax benefits with a lower cost of living (and doing business). Not to mention-- considerably closer to where they are now. Florida will continue to be a haven for retirees and snowbirds.