Is Elon Going to Buy a Whole Town? Let's Talk Taxes, Texas, and Intentions

Key Factors RealEstateAF

English - March 10, 2023 17:00 - 39 minutes - 27.4 MB - ★★★★★ - 22 ratings
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#ElonMusk #Texas #California #TaxBurden

Elon Musk has reportedly purchased thousands of acres of land in Texas to build his own town for employees to live and work. The proposed town, adjacent to Boring and SpaceX facilities, is said to include rental homes below the local market value and a Montessori school. Texas law requires at least 201 residents before incorporating an area, and plans call for the construction of 110 more homes. Musk's move to Texas comes as he criticized California for "overregulation, overlitigation, overtaxation." This video provides insights into the survey conducted by WalletHub, comparing California and Texas' tax burdens.

COERICION - co·er·cion

noun

the practice of persuading someone to do something by using force or threats."our problem cannot be solved by any form of coercion but only by agreement"

#ElonMusk #Texas #California #TaxBurden #WalletHub #Boring #SpaceX #MontessoriSchool #RentalHomes #MarkCuban #MustangTexas

Discussion References :

https://www.youtube.com/watch?v=6h393V0FuBw

https://finance.yahoo.com/news/elon-musk-reportedly-building-own-165241581.html

Newsom: Texans pay more in taxes than Californians. Is he ...
The Sacramento Bee
https://www.sacbee.com › capitol-alert › article271288017

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