Why would anyone in their right mind even consider starting a business in CA? Taxes, regulations, cost of living... Other than its own self-image, what does CA have going for it?
I can see Texas beating them in this race.
California has a lot going for it, in spite of its politicians.
Just ask the myriad high tech companies that are disproportionately Californian and how their managements struggle to replicate success outside California, with most of them forced to keep R&D in the state while manufacturing and labor-involved, lower level activities move out.
And CA can always change their mind...California wants taxpayers to pay back proceeds from a tax break later ruled invalid
Read more: http://www.vcstar.com/news/2013/apr/30/california-wants-taxpayers-to-pay-back-proceeds/?partner=RSS#ixzz2cua1mfRS
- vcstar.com