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I warned you guys about the exodus out of Commifornia- "1,800 Companies Left California In A Single Year" and they are going to Texas...
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So you mean high taxes isn't a viable business incentive?
"A record number of companies are leaving California for states with a better business climate, and a new report shows that Texas remains their No. 1 destination.
The study estimates that 1,800 relocation or “disinvestment events” occurred in 2016, the most recent year available, setting a record yearly high going back to 2008. About 13,000 companies left the state during that nine-year period.
Of the 1,800 events, 299 of those departures landed in Texas.
What’s more, the study’s author – for the first time in his career – is openly urging California businesses to relocate out of state.
Texas’ rank as the top destination for California companies is especially significant considering that the large majority of corporate relocations cross only one state line, said Joseph Vranich, president of Pennsylvania-based Spectrum Location Solutions LLC.
Less than 50%. More at link
[link to www.bizjournals.com (secure)]
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