Carl's Jr./Hardees HQ Relocating From California to Tennessee
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Those 75 people moving from CA should really have a large impact on their economy. They als closed offices in St Louis was that also liberal polices that drove them out
How about 3.4 million?
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For decades after World War II, California was a destination for Americans in search of a better life. In many people’s minds, it was the state with more jobs, more space, more sunlight, and more opportunity. They voted with their feet, and California grew spectacularly (its population increased by 137 percent between 1960 and 2010). However, this golden age of migration into the state is over. For the past two decades, California has been sending more people to other American states than it receives from them. Since 1990, the state has lost nearly 3.4 million residents through this migration.
California just passed Brazil to become the worlds 7th largest economy. That's some spiral. How are things going in that conservative nirvana, Kansas? That's what a downward spiral looks like.
And yet;
Roughly 9,000 California companies moved their headquarters or diverted projects to out-of-state locations in the last seven years, and Dallas-Fort Worth has been a prime beneficiary of the Golden State’s “hostile” business environment.
That’s the conclusion of study by Joseph Vranich, a site selection consultant and president of Irvine, California-based Spectrum Location Solutions.
Of the 9,000 businesses that he estimates disinvested in California, some relocated completely while others kept their headquarters in California but targeted out-of-state locations for expansions, Vranich found. The report did not count instances of companies opening a new out-of-state facility to tap a growing market, an act unrelated to California’s business environment.
How about 3.4 million?
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For decades after World War II, California was a destination for Americans in search of a better life. In many people’s minds, it was the state with more jobs, more space, more sunlight, and more opportunity. They voted with their feet, and California grew spectacularly (its population increased by 137 percent between 1960 and 2010). However, this golden age of migration into the state is over. For the past two decades, California has been sending more people to other American states than it receives from them. Since 1990, the state has lost nearly 3.4 million residents through this migration.
There are many reasons corporations move, cost of living, taxes, congestion, schools and incentives from other states. The contention was that it was because of liberals.
Anyway are we now going to have a thread on each company with less than 100 employees moves, it is insignificant in the case of California, maybe Connecticut would make more sense.
Roughly 9,000 California companies moved their headquarters or diverted projects to out-of-state locations in the last seven years, and Dallas-Fort Worth has been a prime beneficiary of the Golden State’s “hostile” business environment.
That’s the conclusion of study by Joseph Vranich, a site selection consultant and president of Irvine, California-based Spectrum Location Solutions.
Of the 9,000 businesses that he estimates disinvested in California, some relocated completely while others kept their headquarters in California but targeted out-of-state locations for expansions, Vranich found. The report did not count instances of companies opening a new out-of-state facility to tap a growing market, an act unrelated to California’s business environment.
Use hear the same thing in MN, mostly from WI how they were raiding business from us and winning all the time. It was like Charlie Sheen was running their C of C or something. Then I'd drive to work past all the construction cranes and infrastructure builds and the truth was apparent. Speaking of chambers, I sat on a new business committee for the chamber once and talked to a couple of economic development guys from the state. I asked them as they tried to draw in business, what did business want as they looked for places to start or expand. Number one was infrastructure. Number two was availability and education of the local workforce. Number three was livability of the community. Taxes and regulation weren't in the top five.
7% state tax and a 5% tax on groceries and a sales tax on clothing is not all that friendly.
TN does not have a state income tax. State sales tax is 7% with additional local taxes which can not exceed a total of 9.75%. Most foods are at a reduced state sales tax of 5.5% plus any additional local taxes for a maximum of 8.25%. As far as state and local tax burden, 2010, TN ranks 44, CA 4. Just saying.
My property taxes have jumped $8000 in the last 20 years.
Texas has a real property tax issue that is going to hurt the state.
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