A major loss for Californication as Chevron has been one of the most important large businesses there “forever”
A major loss for Californication, as Chevron has been one of the most important large businesses there “forever”!
An August 2021 report produced by Stanford University’s Hoover Institution found that 74 corporate headquarters left California in just the first six months of 2021, in addition to 64 companies that moved out in 2020. The report states that the state imposes extreme real estate taxes upon businesses which could motivate business owners to leave the state.
Founded in 1876-1911
1912-1926
1927-1946
1947-1979
1980-2001
2002-2019
2020-present