Ponderable

California lost 9,000 business HQs and expansions, mostly to Texas, 7-year study says

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.

Japanese automaker Toyota, which is consolidating its North American headquarters in Plano over the next couple of years, is one of those companies. The company is leaving Torrance, California, and two other locations to set up shop in Plano, where it will employ 4,000.

It’s typical for companies leaving California to experience operating cost savings of 20 up to 35 percent, Vranich said. He said in an email to the Dallas Business Journal that he considers the results of the seven-year, 378-page study “astonishing.”

http://www.bizjournals.com/dallas/b...a-lost-9-000-business-hqs-and-expansions.html
Yes, we lost the makers.
 
Maybe a bad choice of words, but I mean people in bottom rung jobs should still have a floor to their wages.
What if health care is more important than wages? What if 40 hrs. a week is more important than $15/hr. at less than 40 hrs. a week? When government mandates one size fits all wages, they rob people of options that may be more beneficial to their particular situation.
 
Yes, I think we should. I don't buy the argument that it's counter-productive to business. My Repyblican friends were all so quick to say, upon Obama's election, " taxes too high, none of my kids will grow up in California." But who just left? Nestle, the worst corporation in the world. Seems like most are staying. And as somebody else on here said, if you can't hack it here because of labor protection, etc., then move to Oklahoma or somewhere.
 
What if health care is more important than wages? What if 40 hrs. a week is more important than $15/hr. at less than 40 hrs. a week? When government mandates one size fits all wages, they rob people of options that may be more beneficial to their particular situation.
You've got to do something and it has to be mandated by the government. if you want to overcomplicate like we do with tax laws, I guess you can.
 
What are you talking about?!! Min wage is a tax law and it complicates things unnecessarily.
The tax laws are found in the Internal Revenue Code, which does not (although I haven't read it, but I'm pretty sure) include the minimum wage regulations. I know you people hate facts when they don't fit your opinions, but smart people base their opinions on facts. Fathead Joe is an exception; he's smart but acknowledges that he doesn't base his opinion on facts.
 
The tax laws are found in the Internal Revenue Code, which does not (although I haven't read it, but I'm pretty sure) include the minimum wage regulations. I know you people hate facts when they don't fit your opinions, but smart people base their opinions on facts. Fathead Joe is an exception; he's smart but acknowledges that he doesn't base his opinion on facts.

Izzy ain't smart.
 
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