Silicon Valley may have a larger tech scene, but with a low cost of living, a business friendly tax code, and South by Southwest, Austin has become a serious player, advocates like Baer say.

CNN: Contest at SXSW will move a startup to Austin

For someone who has been building up a pool of savings for a lifetime, the cost of extraordinarily low interest rates can make some of the proposed changes in the federal tax code look like chump change.

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