Evidently Joe Rogan just inked a deal with Spotify reportedly worth over $100 million to make his podcasts exclusive to Spotify by the the end of the year.
This is a very lucrative deal for Rogan, but it’s probably a very savvy move for Spotify as well, the way Sirius XM expanded their market by locking up Howard Stern.
In a very possibly related story, Rogan is also considering moving to Texas:
Here, then, is an honest assessment of the pros and cons of moving to Texas:
Pros
- He will save literally millions of dollars by moving to Texas. California’s top income tax rate is 12.3 percent on taxable income of $572,981 and above. Texas’ top income tax rate is 0%. Assuming the Spotify deal was broken up into four yearly chunks of $25 million each, he would save over three million a year in income taxes every year of the deal by moving to Texas.
- Your money also goes a lot farther in Texas than California. $1 million will buy you a house in Los Angeles, but in Texas it will buy you a mansion.
- Fiscally responsible government means that, unlike California, Texas isn’t going to go bankrupt due to unsustainable public pension debt.
- Traffic in Austin or Dallas isn’t exactly good, but it is compared to LA traffic.
- Political correctness and Social justice Warriors have
less power in Texas. - No earthquakes, and about 98% lower wildfire chances.
- The flight time to the east coast (and, indeed, most of America) is a lot shorter from Texas.
- No insane hostility to lawful gun owners.
- Good deer and wild pig hunting in Texas.
- Texas BBQ beats the hell out of California BBQ.
- TexMex > Californiamex.
Cons
- It’s hot as hell in the summer.
- You can’t legally smoke marijuana in Texas.
- A lot fewer movie and TV acting gig.
- Not nearly as many celebrities within driving distance of your podcast.
- There are probably more comedy clubs in LA than all of Texas combined. (Of course, with $100 million, he could always build himself a really nice comedy club in Texas…)
- I’m betting California sushi is better than Texas sushi.
So in summary: Come on down, Joe!
California is a nice place to visit, but you wouldn’t want to live there…
(Hat tip: Ann Althouse.)
Tags: Austin, California, Dallas, Joe Rogan, Los Angeles, marijuana, Media Watch, Spotify, Texas