The only response the Left has about all the taxpayers leaving is ‘but it’s the 7th largest economy!
That’s like Hitler taking credit for good French wine.
California businesses are leaving the state in droves. In just 2018 and 2019—economic boom years—
765 commercial facilities left California. This exodus doesn’t count Charles Schwab’s announcement to leave San Francisco next year. Nor does it include the
13,000 estimated businesses to have left between 2009 and 2016.
The reason? Economics, plain and simple. California is too expensive, and its taxes and regulations are too high.
The Tax Foundation ranks California 48th in terms of business climate. California is also ranked
48th in terms of regulatory burdens. And California’s cost of living is
50 percent higher than the national average.
These statistics show why California’s business and living climate have become so challenging. But the frustrations that California entrepreneurs face every day present a different way of understanding their relocation decisions.
https://www.hoover.org/research/cal...commercial facilities left California[/QUOTE]
. This exodus doesn’t count Charles Schwab’s announcement to leave San Francisco next year. Nor does it include the
13,000 estimated businesses to have left between 2009 and 2016.
The reason? Economics, plain and simple. California is too expensive, and its taxes and regulations are too high.
The Tax Foundation ranks California 48th in terms of business climate. California is also ranked
48th in terms of regulatory burdens. And California’s cost of living is
50 percent higher than the national average.
These statistics show why California’s business and living climate have become so challenging. But the frustrations that California entrepreneurs face every day present a different way of understanding their relocation decisions.
California businesses are leaving the state in droves. In just 2018 and 2019—economic boom years—765 commercial facilities left California. This exodus doesn’t count Charles Schwab’s announcement to leave San Francisco next year. Nor does it include the 13,000 estimated businesses to have left...
www.hoover.org
And that’s not even mentioning the fact they do not take care of underbrush despite being in a arid climate, and then are surprised when raging fires break out. Some 90% of the occasional rain water they do get goes straight into the ocean because they haven’t built a new reservoir since the 70s despite their population doubling since. Rolling blackouts, something that should only be a 3rd world problem, because of governor Brown demonizing nuclear in order to enrich his family through the Philippine oil partners, whose oil just so happens to fall in the exact range of the regulations pushed by governor brown. It doesn’t take a rocket scientist to figure out that when you embrace technologically inferior, and vastly less energy dense energy generation...what you get is vastly more expensive, vastly more environmental destructive energy that doesn’t actually cover the needs of your citizens. Let’s also not forget the explosion of homelessness which makes LA and SF look like scenes out of a post apocalyptic movie.
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Just messin with ya, man.
