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  • September 21, 2009 at 12:56 PM #460569
    5yearwaiter
    Participant

    Heard a rumour about Qualcom that is being spread a lot intense their IT and related Outsourcing these days to countries like India. Well they setup already some outsource centers but now the fact is they slowly spread these activities bit intent and showing a positive cause that they can $ave a buck for future downturn(expeting …)

    September 21, 2009 at 2:22 PM #459800
    socrattt
    Participant

    Rumor has it Deja Vu is starting to outsource as well! I hear they are sending out employees for 2 week stints in India and Saudi Arabia. This could really put a damper on the market. TG, this is devastating news!

    September 21, 2009 at 2:22 PM #459991
    socrattt
    Participant

    Rumor has it Deja Vu is starting to outsource as well! I hear they are sending out employees for 2 week stints in India and Saudi Arabia. This could really put a damper on the market. TG, this is devastating news!

    September 21, 2009 at 2:22 PM #460325
    socrattt
    Participant

    Rumor has it Deja Vu is starting to outsource as well! I hear they are sending out employees for 2 week stints in India and Saudi Arabia. This could really put a damper on the market. TG, this is devastating news!

    September 21, 2009 at 2:22 PM #460399
    socrattt
    Participant

    Rumor has it Deja Vu is starting to outsource as well! I hear they are sending out employees for 2 week stints in India and Saudi Arabia. This could really put a damper on the market. TG, this is devastating news!

    September 21, 2009 at 2:22 PM #460599
    socrattt
    Participant

    Rumor has it Deja Vu is starting to outsource as well! I hear they are sending out employees for 2 week stints in India and Saudi Arabia. This could really put a damper on the market. TG, this is devastating news!

    September 21, 2009 at 9:45 PM #459931
    jonnycsd
    Participant

    [quote=EconProf]If true, this will be a very big blow to San Diego’s economy and real estate market, since these people are high-paid and a lot of auxiliary businesses connected to SAIC will leave too.
    Much of the blame must fall on the liberal, anti-business atmosphere of CA. Our high state taxes combined with silly regulations will continue to drive out businesses and the middle and upper classes to friendlier states.
    SD Realtor: would the hardest hit neighborhoods be around RB, RP, Scripps, etc.?[/quote]

    Highest marginal income tax rate in Virginia is 5.75%, thats about half of California’s tax rate. Sales tax is 5% rather than 8.5% here. Property taxes are about the same in percentage terms, but you get A LOT more house for the money. The public schools in the DC suburbs of northern Virginia are very good. Crime is low. Its a much better deal for the people who work at SAIC. Same reason UPS moved from CT to Atlanta Georgia 20 years ago. Its a smart decision for SAIC, maybe will be a slap in the face for California to realize that current policies need to change and change quickly.

    September 21, 2009 at 9:45 PM #460120
    jonnycsd
    Participant

    [quote=EconProf]If true, this will be a very big blow to San Diego’s economy and real estate market, since these people are high-paid and a lot of auxiliary businesses connected to SAIC will leave too.
    Much of the blame must fall on the liberal, anti-business atmosphere of CA. Our high state taxes combined with silly regulations will continue to drive out businesses and the middle and upper classes to friendlier states.
    SD Realtor: would the hardest hit neighborhoods be around RB, RP, Scripps, etc.?[/quote]

    Highest marginal income tax rate in Virginia is 5.75%, thats about half of California’s tax rate. Sales tax is 5% rather than 8.5% here. Property taxes are about the same in percentage terms, but you get A LOT more house for the money. The public schools in the DC suburbs of northern Virginia are very good. Crime is low. Its a much better deal for the people who work at SAIC. Same reason UPS moved from CT to Atlanta Georgia 20 years ago. Its a smart decision for SAIC, maybe will be a slap in the face for California to realize that current policies need to change and change quickly.

    September 21, 2009 at 9:45 PM #460457
    jonnycsd
    Participant

    [quote=EconProf]If true, this will be a very big blow to San Diego’s economy and real estate market, since these people are high-paid and a lot of auxiliary businesses connected to SAIC will leave too.
    Much of the blame must fall on the liberal, anti-business atmosphere of CA. Our high state taxes combined with silly regulations will continue to drive out businesses and the middle and upper classes to friendlier states.
    SD Realtor: would the hardest hit neighborhoods be around RB, RP, Scripps, etc.?[/quote]

    Highest marginal income tax rate in Virginia is 5.75%, thats about half of California’s tax rate. Sales tax is 5% rather than 8.5% here. Property taxes are about the same in percentage terms, but you get A LOT more house for the money. The public schools in the DC suburbs of northern Virginia are very good. Crime is low. Its a much better deal for the people who work at SAIC. Same reason UPS moved from CT to Atlanta Georgia 20 years ago. Its a smart decision for SAIC, maybe will be a slap in the face for California to realize that current policies need to change and change quickly.

    September 21, 2009 at 9:45 PM #460532
    jonnycsd
    Participant

    [quote=EconProf]If true, this will be a very big blow to San Diego’s economy and real estate market, since these people are high-paid and a lot of auxiliary businesses connected to SAIC will leave too.
    Much of the blame must fall on the liberal, anti-business atmosphere of CA. Our high state taxes combined with silly regulations will continue to drive out businesses and the middle and upper classes to friendlier states.
    SD Realtor: would the hardest hit neighborhoods be around RB, RP, Scripps, etc.?[/quote]

    Highest marginal income tax rate in Virginia is 5.75%, thats about half of California’s tax rate. Sales tax is 5% rather than 8.5% here. Property taxes are about the same in percentage terms, but you get A LOT more house for the money. The public schools in the DC suburbs of northern Virginia are very good. Crime is low. Its a much better deal for the people who work at SAIC. Same reason UPS moved from CT to Atlanta Georgia 20 years ago. Its a smart decision for SAIC, maybe will be a slap in the face for California to realize that current policies need to change and change quickly.

    September 21, 2009 at 9:45 PM #460732
    jonnycsd
    Participant

    [quote=EconProf]If true, this will be a very big blow to San Diego’s economy and real estate market, since these people are high-paid and a lot of auxiliary businesses connected to SAIC will leave too.
    Much of the blame must fall on the liberal, anti-business atmosphere of CA. Our high state taxes combined with silly regulations will continue to drive out businesses and the middle and upper classes to friendlier states.
    SD Realtor: would the hardest hit neighborhoods be around RB, RP, Scripps, etc.?[/quote]

    Highest marginal income tax rate in Virginia is 5.75%, thats about half of California’s tax rate. Sales tax is 5% rather than 8.5% here. Property taxes are about the same in percentage terms, but you get A LOT more house for the money. The public schools in the DC suburbs of northern Virginia are very good. Crime is low. Its a much better deal for the people who work at SAIC. Same reason UPS moved from CT to Atlanta Georgia 20 years ago. Its a smart decision for SAIC, maybe will be a slap in the face for California to realize that current policies need to change and change quickly.

    September 21, 2009 at 10:34 PM #459949
    CardiffBaseball
    Participant

    [quote=jonnycsd]
    Its a much better deal for the people who work at SAIC. Same reason UPS moved from CT to Atlanta Georgia 20 years ago. Its a smart decision for SAIC, maybe will be a slap in the face for California to realize that current policies need to change and change quickly.[/quote]

    Did I read somewhere that CA is considering raising taxes on business to help with the shortfall? Not to derail the SAIC thread but whatever solution CA GOV has to come up with I can’t imagine it being good for business.

    September 21, 2009 at 10:34 PM #460138
    CardiffBaseball
    Participant

    [quote=jonnycsd]
    Its a much better deal for the people who work at SAIC. Same reason UPS moved from CT to Atlanta Georgia 20 years ago. Its a smart decision for SAIC, maybe will be a slap in the face for California to realize that current policies need to change and change quickly.[/quote]

    Did I read somewhere that CA is considering raising taxes on business to help with the shortfall? Not to derail the SAIC thread but whatever solution CA GOV has to come up with I can’t imagine it being good for business.

    September 21, 2009 at 10:34 PM #460477
    CardiffBaseball
    Participant

    [quote=jonnycsd]
    Its a much better deal for the people who work at SAIC. Same reason UPS moved from CT to Atlanta Georgia 20 years ago. Its a smart decision for SAIC, maybe will be a slap in the face for California to realize that current policies need to change and change quickly.[/quote]

    Did I read somewhere that CA is considering raising taxes on business to help with the shortfall? Not to derail the SAIC thread but whatever solution CA GOV has to come up with I can’t imagine it being good for business.

    September 21, 2009 at 10:34 PM #460551
    CardiffBaseball
    Participant

    [quote=jonnycsd]
    Its a much better deal for the people who work at SAIC. Same reason UPS moved from CT to Atlanta Georgia 20 years ago. Its a smart decision for SAIC, maybe will be a slap in the face for California to realize that current policies need to change and change quickly.[/quote]

    Did I read somewhere that CA is considering raising taxes on business to help with the shortfall? Not to derail the SAIC thread but whatever solution CA GOV has to come up with I can’t imagine it being good for business.

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