Re:Tesla’s headquarters will move to Austin
by lotsofpulp on Friday October 08, 2021 @04:56AM
(#28797123)
No. Supply and demand curves for the specific labor in question determines salaries. WA state has a very low W-2 income tax, in the 1% or less range, and has very high incomes due to the type of labor being sold there.
A lower income tax may cause more people to live somewhere and/or more people to be willing to work for less, but it still comes down to whether or not the supply of labor willing to work at a lower price exists.
A lower income tax may cause more people to live somewhere and/or more people to be willing to work for less, but it still comes down to whether or not the supply of labor willing to work at a lower price exists.