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re: This is why business owners/entrepreneurs do not like democrats very much
Posted on 10/27/14 at 1:39 pm to BugAC
Posted on 10/27/14 at 1:39 pm to BugAC
quote:
I don't think thats true anymore. Tech market there is still very good, but as far as other industries, that ship has sailed. The taxes imposed on them by that state has forced many companies to relocate to more business friendly states.
There is a shite ton of businesses in california. Tons of companies are HQd there. Its one of the largest economies in the world.
Businesses are expanding elsewhere and transferring jobs, but it has as much to do with the cost of labor as it does taxes/regulations. And the reason the labor costs so much is due to property prices b.c people want to live in california.
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