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The Orange County Register reports that the pace of companies moving partly or completely out of California has accelerated in 2011, with 60 more California companies moving jobs, work and/or headquarters out of state in the last two months.
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Human Events' Roger Hedgecock takes a look at how the unfavorable business climate that has been set up in California is continuing to drive businesses and jobs out of the state.
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Jason Clemens states California leaders have failed to understand the true effects high taxes have on our state. While politicians often view tax increases as a simple way to increase revenue, they lack an appreciation of economic realities including tax competition among states. To get our economy going again we need to reduce the tax burden.
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Californians like to think of themselves as leading the way for the rest of the nation. When it comes to taxes, we do. Our state has the highest income and sales taxes in the nation. We have the highest business taxes west of the Mississippi. When it comes to providing a healthy climate for business, several studies show we are leading the way to the bottom. Read more >>
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