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re: All the California bashing here
Posted on 8/3/20 at 2:05 pm to texasmason
Posted on 8/3/20 at 2:05 pm to texasmason
quote:
This article is more than 2 years old.
Hahaha. Since then California’s economy has exploded and it now has a budget surplus.
Posted on 8/3/20 at 2:08 pm to RedRifle
quote:
This article is more than 2 years old.
How many companies have left the area in those two years?
Posted on 8/3/20 at 2:48 pm to RedRifle
quote:
Hahaha. Since then California’s economy has exploded and it now has a budget surplus.
Most of the surplus was due to the state using a higher projected rate of return on the pension program. With the loss of revenue from Covid and the drop in the stock market, CA is fricked in the near and long term. Gavin is fricking idiot for closing down the 5th largest economy in the world.
Oil and gas is being crushed in California and tech is moving out ever day and exponentially faster now with remote workers fleeing to idaho or lower cost suburbs in Cali.
Their tax system is fricked as well and unsustainable as money is leaving the state. California was given a chance to make changes to shift from income taxes to other more sustainable, but instead the upped the brackets.
I'm out in September and never coming back.
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