California needs to go back to RED

[AzogtheDefiler]

List of companies leaving California grows, citing high tax burden, cost of living

(The Center Square) – Leaders of corporations have been leaving California for years, relocating their headquarters, or their entire operations, out of state, citing high cost of living and one

www.thecentersquare.com

Family businesses can’t be left holding the bag in California

Between 2008 and 2019, some 18,000 companies left for states with better tax and regulatory policies.

www.ocregister.com

Companies are leaving California and quickly. And the number is nearly 18k!

California’s extremely progressive income tax structure means that the top 1% of taxpayers pay nearly half of the tax.

California saw a cumulative decrease in adjusted gross income between 2010 and 2018 of $24.6 billion, according to an new analysis of IRS data by the independent research website Wirepoints.

While large and small companies are relocating primarily to Texas, other destinations include Arizona, Tennessee, Florida and a few other states.

The first to announce its exodus this year was Digital Realty Trust, a $36 billion company with over 1,500 employees. It announced last month it was relocating its global headquarters from San Francisco to Austin, Texas. The real estate investment trust will keep some of its presence in the Bay Area but is relocating the bulk of its operations to Texas. Its CEO, A. William Stein, said he’s doing so because of Texas’ “central location, affordable cost of living, highly educated workforce, and supportive business climate.”


Stitch Fix, a personal style service, began to disinvest in California and reinvest in lower-cost states last year. The $8.3 billion company formerly based in San Francisco laid off 1,400 stylists in California last June. By December, it began creating a new distribution center in Salt Lake City and this month announced it was shutting down its South San Francisco distribution warehouse altogether.

The California Policy Center has catalogued at least 50 large corporations that have left California since 2014, with the vast majority leaving in 2019 and 2020.

Of the six corporations that announced their California exodus so far this year, four relocated to Texas. First Foundation, a California bank, moved its holding company to Dallas; Digital Realty Trust moved its data center to Austin, following Oracle, Hewlett Packard Enterprise and Tesla, which all announced their exodus last year.

Amazing Magnets, a magnet manufacturer, already broke ground for its new headquarters in Round Rock, a suburb of Austin. ZP Better Together, a company providing tech solutions for the deaf, also relocated its headquarters to Austin.

High profile entrepreneurs also left California last year. Billionaire Elon Musk, radio host Joe Rogan and DropBox CEO Drew Houston all moved to Texas.


Notable California venture capitalists David Blumberg, Keith Rabois and Shutterstock’s billionaire founder Jonathan Oringer left Silicon Valley for Miami, arguing San Francisco is poorly managed. Tech billionaire Larry Elison left California for Hawaii. Conservative talk show host Ben Shapiro left Lost Angeles for Nashville.


Obviously this is not great news for the state. Maybe give the other party a chance?

Truth over Facts

 

[Dont Taz Me Bro]

California won't be trending Republican any time soon, but yeah, they would benefit greatly from a divided government at the very least. One party rule has ruined that state, but then, that's what they voted for, so let them suffer consequences.

 

[Uncensored2008]

We have illegal aliens.

We don't need business.

I heard Kim Jong Newsom say so.

 

[Uncensored2008]

California won't be trending Republican any time soon, but yeah, they would benefit greatly from a divided government at the very least. One party rule has ruined that state, but then, that's what they voted for, so let them suffer consequences.

It's not what we voted for. It's what unchecked illegal immigration resulted in. Once illegals outnumbered citizens, it was all over.

 

[gipper]

List of companies leaving California grows, citing high tax burden, cost of living

(The Center Square) – Leaders of corporations have been leaving California for years, relocating their headquarters, or their entire operations, out of state, citing high cost of living and one

www.thecentersquare.com

Family businesses can’t be left holding the bag in California

Between 2008 and 2019, some 18,000 companies left for states with better tax and regulatory policies.

www.ocregister.com

Companies are leaving California and quickly. And the number is nearly 18k!

California’s extremely progressive income tax structure means that the top 1% of taxpayers pay nearly half of the tax.

California saw a cumulative decrease in adjusted gross income between 2010 and 2018 of $24.6 billion, according to an new analysis of IRS data by the independent research website Wirepoints.

While large and small companies are relocating primarily to Texas, other destinations include Arizona, Tennessee, Florida and a few other states.

The first to announce its exodus this year was Digital Realty Trust, a $36 billion company with over 1,500 employees. It announced last month it was relocating its global headquarters from San Francisco to Austin, Texas. The real estate investment trust will keep some of its presence in the Bay Area but is relocating the bulk of its operations to Texas. Its CEO, A. William Stein, said he’s doing so because of Texas’ “central location, affordable cost of living, highly educated workforce, and supportive business climate.”


Stitch Fix, a personal style service, began to disinvest in California and reinvest in lower-cost states last year. The $8.3 billion company formerly based in San Francisco laid off 1,400 stylists in California last June. By December, it began creating a new distribution center in Salt Lake City and this month announced it was shutting down its South San Francisco distribution warehouse altogether.

The California Policy Center has catalogued at least 50 large corporations that have left California since 2014, with the vast majority leaving in 2019 and 2020.

Of the six corporations that announced their California exodus so far this year, four relocated to Texas. First Foundation, a California bank, moved its holding company to Dallas; Digital Realty Trust moved its data center to Austin, following Oracle, Hewlett Packard Enterprise and Tesla, which all announced their exodus last year.

Amazing Magnets, a magnet manufacturer, already broke ground for its new headquarters in Round Rock, a suburb of Austin. ZP Better Together, a company providing tech solutions for the deaf, also relocated its headquarters to Austin.

High profile entrepreneurs also left California last year. Billionaire Elon Musk, radio host Joe Rogan and DropBox CEO Drew Houston all moved to Texas.


Notable California venture capitalists David Blumberg, Keith Rabois and Shutterstock’s billionaire founder Jonathan Oringer left Silicon Valley for Miami, arguing San Francisco is poorly managed. Tech billionaire Larry Elison left California for Hawaii. Conservative talk show host Ben Shapiro left Lost Angeles for Nashville.


Obviously this is not great news for the state. Maybe give the other party a chance?

Truth over Facts

Won’t change a thing.

 

[22lcidw]

The military needs a reduced presence there with bases and the such.

 

[BrokeLoser]

California won't be trending Republican any time soon, but yeah, they would benefit greatly from a divided government at the very least. One party rule has ruined that state, but then, that's what they voted for, so let them suffer consequences.

That won’t happen...”One party rule” isn’t the root issue....it’s simply the byproduct of a thirdworld citizenry....A citizenry comprised of ignorant, illiterate, desperate beggars.
EVERYONE with an iQ above 7 saw this coming....NO state (or nation for that matter) can stay legitimate while fostering 10 million disgusting, low grade human beings.

 

[Uncensored2008]

List of companies leaving California grows, citing high tax burden, cost of living

(The Center Square) – Leaders of corporations have been leaving California for years, relocating their headquarters, or their entire operations, out of state, citing high cost of living and one

www.thecentersquare.com

Family businesses can’t be left holding the bag in California

Between 2008 and 2019, some 18,000 companies left for states with better tax and regulatory policies.

www.ocregister.com

Companies are leaving California and quickly. And the number is nearly 18k!

California’s extremely progressive income tax structure means that the top 1% of taxpayers pay nearly half of the tax.

California saw a cumulative decrease in adjusted gross income between 2010 and 2018 of $24.6 billion, according to an new analysis of IRS data by the independent research website Wirepoints.

While large and small companies are relocating primarily to Texas, other destinations include Arizona, Tennessee, Florida and a few other states.

The first to announce its exodus this year was Digital Realty Trust, a $36 billion company with over 1,500 employees. It announced last month it was relocating its global headquarters from San Francisco to Austin, Texas. The real estate investment trust will keep some of its presence in the Bay Area but is relocating the bulk of its operations to Texas. Its CEO, A. William Stein, said he’s doing so because of Texas’ “central location, affordable cost of living, highly educated workforce, and supportive business climate.”


Stitch Fix, a personal style service, began to disinvest in California and reinvest in lower-cost states last year. The $8.3 billion company formerly based in San Francisco laid off 1,400 stylists in California last June. By December, it began creating a new distribution center in Salt Lake City and this month announced it was shutting down its South San Francisco distribution warehouse altogether.

The California Policy Center has catalogued at least 50 large corporations that have left California since 2014, with the vast majority leaving in 2019 and 2020.

Of the six corporations that announced their California exodus so far this year, four relocated to Texas. First Foundation, a California bank, moved its holding company to Dallas; Digital Realty Trust moved its data center to Austin, following Oracle, Hewlett Packard Enterprise and Tesla, which all announced their exodus last year.

Amazing Magnets, a magnet manufacturer, already broke ground for its new headquarters in Round Rock, a suburb of Austin. ZP Better Together, a company providing tech solutions for the deaf, also relocated its headquarters to Austin.

High profile entrepreneurs also left California last year. Billionaire Elon Musk, radio host Joe Rogan and DropBox CEO Drew Houston all moved to Texas.


Notable California venture capitalists David Blumberg, Keith Rabois and Shutterstock’s billionaire founder Jonathan Oringer left Silicon Valley for Miami, arguing San Francisco is poorly managed. Tech billionaire Larry Elison left California for Hawaii. Conservative talk show host Ben Shapiro left Lost Angeles for Nashville.


Obviously this is not great news for the state. Maybe give the other party a chance?

Truth over Facts

Won’t change a thing.

California is Venezuela in slow motion.

 

[bodecea]

List of companies leaving California grows, citing high tax burden, cost of living

(The Center Square) – Leaders of corporations have been leaving California for years, relocating their headquarters, or their entire operations, out of state, citing high cost of living and one

www.thecentersquare.com

Family businesses can’t be left holding the bag in California

Between 2008 and 2019, some 18,000 companies left for states with better tax and regulatory policies.

www.ocregister.com

Companies are leaving California and quickly. And the number is nearly 18k!

California’s extremely progressive income tax structure means that the top 1% of taxpayers pay nearly half of the tax.

California saw a cumulative decrease in adjusted gross income between 2010 and 2018 of $24.6 billion, according to an new analysis of IRS data by the independent research website Wirepoints.

While large and small companies are relocating primarily to Texas, other destinations include Arizona, Tennessee, Florida and a few other states.

The first to announce its exodus this year was Digital Realty Trust, a $36 billion company with over 1,500 employees. It announced last month it was relocating its global headquarters from San Francisco to Austin, Texas. The real estate investment trust will keep some of its presence in the Bay Area but is relocating the bulk of its operations to Texas. Its CEO, A. William Stein, said he’s doing so because of Texas’ “central location, affordable cost of living, highly educated workforce, and supportive business climate.”


Stitch Fix, a personal style service, began to disinvest in California and reinvest in lower-cost states last year. The $8.3 billion company formerly based in San Francisco laid off 1,400 stylists in California last June. By December, it began creating a new distribution center in Salt Lake City and this month announced it was shutting down its South San Francisco distribution warehouse altogether.

The California Policy Center has catalogued at least 50 large corporations that have left California since 2014, with the vast majority leaving in 2019 and 2020.

Of the six corporations that announced their California exodus so far this year, four relocated to Texas. First Foundation, a California bank, moved its holding company to Dallas; Digital Realty Trust moved its data center to Austin, following Oracle, Hewlett Packard Enterprise and Tesla, which all announced their exodus last year.

Amazing Magnets, a magnet manufacturer, already broke ground for its new headquarters in Round Rock, a suburb of Austin. ZP Better Together, a company providing tech solutions for the deaf, also relocated its headquarters to Austin.

High profile entrepreneurs also left California last year. Billionaire Elon Musk, radio host Joe Rogan and DropBox CEO Drew Houston all moved to Texas.


Notable California venture capitalists David Blumberg, Keith Rabois and Shutterstock’s billionaire founder Jonathan Oringer left Silicon Valley for Miami, arguing San Francisco is poorly managed. Tech billionaire Larry Elison left California for Hawaii. Conservative talk show host Ben Shapiro left Lost Angeles for Nashville.


Obviously this is not great news for the state. Maybe give the other party a chance?

Truth over Facts

Won’t change a thing.

California is Venezuela in slow motion.

You should leave then. It would be a definite improvement.

 

[Claudette]

California won't be trending Republican any time soon, but yeah, they would benefit greatly from a divided government at the very least. One party rule has ruined that state, but then, that's what they voted for, so let them suffer consequences.

I couldn't agree more. They got what they voted for. I have no sympathy for any of them.

 

[BrokeLoser]

List of companies leaving California grows, citing high tax burden, cost of living

(The Center Square) – Leaders of corporations have been leaving California for years, relocating their headquarters, or their entire operations, out of state, citing high cost of living and one

www.thecentersquare.com

Family businesses can’t be left holding the bag in California

Between 2008 and 2019, some 18,000 companies left for states with better tax and regulatory policies.

www.ocregister.com

Companies are leaving California and quickly. And the number is nearly 18k!

California’s extremely progressive income tax structure means that the top 1% of taxpayers pay nearly half of the tax.

California saw a cumulative decrease in adjusted gross income between 2010 and 2018 of $24.6 billion, according to an new analysis of IRS data by the independent research website Wirepoints.

While large and small companies are relocating primarily to Texas, other destinations include Arizona, Tennessee, Florida and a few other states.

The first to announce its exodus this year was Digital Realty Trust, a $36 billion company with over 1,500 employees. It announced last month it was relocating its global headquarters from San Francisco to Austin, Texas. The real estate investment trust will keep some of its presence in the Bay Area but is relocating the bulk of its operations to Texas. Its CEO, A. William Stein, said he’s doing so because of Texas’ “central location, affordable cost of living, highly educated workforce, and supportive business climate.”


Stitch Fix, a personal style service, began to disinvest in California and reinvest in lower-cost states last year. The $8.3 billion company formerly based in San Francisco laid off 1,400 stylists in California last June. By December, it began creating a new distribution center in Salt Lake City and this month announced it was shutting down its South San Francisco distribution warehouse altogether.

The California Policy Center has catalogued at least 50 large corporations that have left California since 2014, with the vast majority leaving in 2019 and 2020.

Of the six corporations that announced their California exodus so far this year, four relocated to Texas. First Foundation, a California bank, moved its holding company to Dallas; Digital Realty Trust moved its data center to Austin, following Oracle, Hewlett Packard Enterprise and Tesla, which all announced their exodus last year.

Amazing Magnets, a magnet manufacturer, already broke ground for its new headquarters in Round Rock, a suburb of Austin. ZP Better Together, a company providing tech solutions for the deaf, also relocated its headquarters to Austin.

High profile entrepreneurs also left California last year. Billionaire Elon Musk, radio host Joe Rogan and DropBox CEO Drew Houston all moved to Texas.


Notable California venture capitalists David Blumberg, Keith Rabois and Shutterstock’s billionaire founder Jonathan Oringer left Silicon Valley for Miami, arguing San Francisco is poorly managed. Tech billionaire Larry Elison left California for Hawaii. Conservative talk show host Ben Shapiro left Lost Angeles for Nashville.


Obviously this is not great news for the state. Maybe give the other party a chance?

Truth over Facts

Won’t change a thing.

California is Venezuela in slow motion.

You should leave then. It would be a definite improvement.

Trust me, EVERY SINGLE decent human being living in Mexifornia right now has an escape plan...it’s just a matter of time before execution.
You have traded far too many legit people for thirdworlders...you’ll end up hating what you end up with.

COMMENTARY: Illegal immigrants have turned California into the American Nightmare

Clearly, immigration — in the wrong form — does not lead to prosperity. California has become unlivable.

www.reviewjournal.com

 

[CrusaderFrank]

List of companies leaving California grows, citing high tax burden, cost of living

(The Center Square) – Leaders of corporations have been leaving California for years, relocating their headquarters, or their entire operations, out of state, citing high cost of living and one

www.thecentersquare.com

Family businesses can’t be left holding the bag in California

Between 2008 and 2019, some 18,000 companies left for states with better tax and regulatory policies.

www.ocregister.com

Companies are leaving California and quickly. And the number is nearly 18k!

California’s extremely progressive income tax structure means that the top 1% of taxpayers pay nearly half of the tax.

California saw a cumulative decrease in adjusted gross income between 2010 and 2018 of $24.6 billion, according to an new analysis of IRS data by the independent research website Wirepoints.

While large and small companies are relocating primarily to Texas, other destinations include Arizona, Tennessee, Florida and a few other states.

The first to announce its exodus this year was Digital Realty Trust, a $36 billion company with over 1,500 employees. It announced last month it was relocating its global headquarters from San Francisco to Austin, Texas. The real estate investment trust will keep some of its presence in the Bay Area but is relocating the bulk of its operations to Texas. Its CEO, A. William Stein, said he’s doing so because of Texas’ “central location, affordable cost of living, highly educated workforce, and supportive business climate.”


Stitch Fix, a personal style service, began to disinvest in California and reinvest in lower-cost states last year. The $8.3 billion company formerly based in San Francisco laid off 1,400 stylists in California last June. By December, it began creating a new distribution center in Salt Lake City and this month announced it was shutting down its South San Francisco distribution warehouse altogether.

The California Policy Center has catalogued at least 50 large corporations that have left California since 2014, with the vast majority leaving in 2019 and 2020.

Of the six corporations that announced their California exodus so far this year, four relocated to Texas. First Foundation, a California bank, moved its holding company to Dallas; Digital Realty Trust moved its data center to Austin, following Oracle, Hewlett Packard Enterprise and Tesla, which all announced their exodus last year.

Amazing Magnets, a magnet manufacturer, already broke ground for its new headquarters in Round Rock, a suburb of Austin. ZP Better Together, a company providing tech solutions for the deaf, also relocated its headquarters to Austin.

High profile entrepreneurs also left California last year. Billionaire Elon Musk, radio host Joe Rogan and DropBox CEO Drew Houston all moved to Texas.


Notable California venture capitalists David Blumberg, Keith Rabois and Shutterstock’s billionaire founder Jonathan Oringer left Silicon Valley for Miami, arguing San Francisco is poorly managed. Tech billionaire Larry Elison left California for Hawaii. Conservative talk show host Ben Shapiro left Lost Angeles for Nashville.


Obviously this is not great news for the state. Maybe give the other party a chance?

Truth over Facts

The Dominion Vote Flipping Machines only work one way.

When I say the CCP dems cheated in the tens of million column I believe that Big Socialist States like NY and CA literally had millions of fake votes each

 

[Uncensored2008]

I couldn't agree more. They got what they voted for. I have no sympathy for any of them.

I voted against all of it.

We won a lot of battles. Remember, voters passed prop 187, it was the corrupt courts who pissed in the face of the people. We should have taken up arms.

 

[Uncensored2008]

List of companies leaving California grows, citing high tax burden, cost of living

(The Center Square) – Leaders of corporations have been leaving California for years, relocating their headquarters, or their entire operations, out of state, citing high cost of living and one

www.thecentersquare.com

Family businesses can’t be left holding the bag in California

Between 2008 and 2019, some 18,000 companies left for states with better tax and regulatory policies.

www.ocregister.com

Companies are leaving California and quickly. And the number is nearly 18k!

California’s extremely progressive income tax structure means that the top 1% of taxpayers pay nearly half of the tax.

California saw a cumulative decrease in adjusted gross income between 2010 and 2018 of $24.6 billion, according to an new analysis of IRS data by the independent research website Wirepoints.

While large and small companies are relocating primarily to Texas, other destinations include Arizona, Tennessee, Florida and a few other states.

The first to announce its exodus this year was Digital Realty Trust, a $36 billion company with over 1,500 employees. It announced last month it was relocating its global headquarters from San Francisco to Austin, Texas. The real estate investment trust will keep some of its presence in the Bay Area but is relocating the bulk of its operations to Texas. Its CEO, A. William Stein, said he’s doing so because of Texas’ “central location, affordable cost of living, highly educated workforce, and supportive business climate.”


Stitch Fix, a personal style service, began to disinvest in California and reinvest in lower-cost states last year. The $8.3 billion company formerly based in San Francisco laid off 1,400 stylists in California last June. By December, it began creating a new distribution center in Salt Lake City and this month announced it was shutting down its South San Francisco distribution warehouse altogether.

The California Policy Center has catalogued at least 50 large corporations that have left California since 2014, with the vast majority leaving in 2019 and 2020.

Of the six corporations that announced their California exodus so far this year, four relocated to Texas. First Foundation, a California bank, moved its holding company to Dallas; Digital Realty Trust moved its data center to Austin, following Oracle, Hewlett Packard Enterprise and Tesla, which all announced their exodus last year.

Amazing Magnets, a magnet manufacturer, already broke ground for its new headquarters in Round Rock, a suburb of Austin. ZP Better Together, a company providing tech solutions for the deaf, also relocated its headquarters to Austin.

High profile entrepreneurs also left California last year. Billionaire Elon Musk, radio host Joe Rogan and DropBox CEO Drew Houston all moved to Texas.


Notable California venture capitalists David Blumberg, Keith Rabois and Shutterstock’s billionaire founder Jonathan Oringer left Silicon Valley for Miami, arguing San Francisco is poorly managed. Tech billionaire Larry Elison left California for Hawaii. Conservative talk show host Ben Shapiro left Lost Angeles for Nashville.


Obviously this is not great news for the state. Maybe give the other party a chance?

Truth over Facts

The Dominion Vote Flipping Machines only work one way.

When I say the CCP dems cheated in the tens of million column I believe that Big Socialist States like NY and CA literally had millions of fake votes each

Dominion has nothing to do with the voter fraud in California.

We openly encourage illegal aliens to vote. The democrats drive indigents and illegals all over the state to engage in proxy voting, which they support by NEVER purging voter roles of the dead or the millions who moved to Texas.

 

[Resnic]

They went blue because of the influx of Mexican illegals allowed citizenship and allowed to enter the country. They flipped the state alone.

Now you see Biden releasing thousands of illegals in the country, offering to pay federal employees to take them in, and shipping them allover the country.

 

[Bootney Lee Farnsworth]

List of companies leaving California grows, citing high tax burden, cost of living

(The Center Square) – Leaders of corporations have been leaving California for years, relocating their headquarters, or their entire operations, out of state, citing high cost of living and one

www.thecentersquare.com

Family businesses can’t be left holding the bag in California

Between 2008 and 2019, some 18,000 companies left for states with better tax and regulatory policies.

www.ocregister.com

Companies are leaving California and quickly. And the number is nearly 18k!

California’s extremely progressive income tax structure means that the top 1% of taxpayers pay nearly half of the tax.

California saw a cumulative decrease in adjusted gross income between 2010 and 2018 of $24.6 billion, according to an new analysis of IRS data by the independent research website Wirepoints.

While large and small companies are relocating primarily to Texas, other destinations include Arizona, Tennessee, Florida and a few other states.

The first to announce its exodus this year was Digital Realty Trust, a $36 billion company with over 1,500 employees. It announced last month it was relocating its global headquarters from San Francisco to Austin, Texas. The real estate investment trust will keep some of its presence in the Bay Area but is relocating the bulk of its operations to Texas. Its CEO, A. William Stein, said he’s doing so because of Texas’ “central location, affordable cost of living, highly educated workforce, and supportive business climate.”


Stitch Fix, a personal style service, began to disinvest in California and reinvest in lower-cost states last year. The $8.3 billion company formerly based in San Francisco laid off 1,400 stylists in California last June. By December, it began creating a new distribution center in Salt Lake City and this month announced it was shutting down its South San Francisco distribution warehouse altogether.

The California Policy Center has catalogued at least 50 large corporations that have left California since 2014, with the vast majority leaving in 2019 and 2020.

Of the six corporations that announced their California exodus so far this year, four relocated to Texas. First Foundation, a California bank, moved its holding company to Dallas; Digital Realty Trust moved its data center to Austin, following Oracle, Hewlett Packard Enterprise and Tesla, which all announced their exodus last year.

Amazing Magnets, a magnet manufacturer, already broke ground for its new headquarters in Round Rock, a suburb of Austin. ZP Better Together, a company providing tech solutions for the deaf, also relocated its headquarters to Austin.

High profile entrepreneurs also left California last year. Billionaire Elon Musk, radio host Joe Rogan and DropBox CEO Drew Houston all moved to Texas.


Notable California venture capitalists David Blumberg, Keith Rabois and Shutterstock’s billionaire founder Jonathan Oringer left Silicon Valley for Miami, arguing San Francisco is poorly managed. Tech billionaire Larry Elison left California for Hawaii. Conservative talk show host Ben Shapiro left Lost Angeles for Nashville.


Obviously this is not great news for the state. Maybe give the other party a chance?

Truth over Facts

The Texas Fortune 1000 ass rape of California will continue for the foreseeable future.

Suck it, commie bitches.

 

[whitehall]

Maybe pink if Jenner wins.

 

[WTH_Progs?]

California was a beautiful place, who can argue against that, it was red.

Now it's the leading blue state, the left's flagship state and nobody likes it anymore because the left destroyed it, just as they will your state, just as they have all Demonicrat run cities.

But PROGS are tarded right. They lead by emotions and are highly dependent, so they can't put something so simple into context. So they'll continue to believe they're on the side of right when they're nowhere close.

 

[Harry Dresden]

List of companies leaving California grows, citing high tax burden, cost of living

(The Center Square) – Leaders of corporations have been leaving California for years, relocating their headquarters, or their entire operations, out of state, citing high cost of living and one

www.thecentersquare.com

Family businesses can’t be left holding the bag in California

Between 2008 and 2019, some 18,000 companies left for states with better tax and regulatory policies.

www.ocregister.com

Companies are leaving California and quickly. And the number is nearly 18k!

California’s extremely progressive income tax structure means that the top 1% of taxpayers pay nearly half of the tax.

California saw a cumulative decrease in adjusted gross income between 2010 and 2018 of $24.6 billion, according to an new analysis of IRS data by the independent research website Wirepoints.

While large and small companies are relocating primarily to Texas, other destinations include Arizona, Tennessee, Florida and a few other states.

The first to announce its exodus this year was Digital Realty Trust, a $36 billion company with over 1,500 employees. It announced last month it was relocating its global headquarters from San Francisco to Austin, Texas. The real estate investment trust will keep some of its presence in the Bay Area but is relocating the bulk of its operations to Texas. Its CEO, A. William Stein, said he’s doing so because of Texas’ “central location, affordable cost of living, highly educated workforce, and supportive business climate.”


Stitch Fix, a personal style service, began to disinvest in California and reinvest in lower-cost states last year. The $8.3 billion company formerly based in San Francisco laid off 1,400 stylists in California last June. By December, it began creating a new distribution center in Salt Lake City and this month announced it was shutting down its South San Francisco distribution warehouse altogether.

The California Policy Center has catalogued at least 50 large corporations that have left California since 2014, with the vast majority leaving in 2019 and 2020.

Of the six corporations that announced their California exodus so far this year, four relocated to Texas. First Foundation, a California bank, moved its holding company to Dallas; Digital Realty Trust moved its data center to Austin, following Oracle, Hewlett Packard Enterprise and Tesla, which all announced their exodus last year.

Amazing Magnets, a magnet manufacturer, already broke ground for its new headquarters in Round Rock, a suburb of Austin. ZP Better Together, a company providing tech solutions for the deaf, also relocated its headquarters to Austin.

High profile entrepreneurs also left California last year. Billionaire Elon Musk, radio host Joe Rogan and DropBox CEO Drew Houston all moved to Texas.


Notable California venture capitalists David Blumberg, Keith Rabois and Shutterstock’s billionaire founder Jonathan Oringer left Silicon Valley for Miami, arguing San Francisco is poorly managed. Tech billionaire Larry Elison left California for Hawaii. Conservative talk show host Ben Shapiro left Lost Angeles for Nashville.


Obviously this is not great news for the state. Maybe give the other party a chance?

Truth over Facts

Won’t change a thing.

California is Venezuela in slow motion.

You should leave then. It would be a definite improvement.

nothing to say about what they are bitching about?....

 

[BluesLegend]

Sorry but Progressives kill their host so California is toast.