You'd think Bay Area politicians would try harder to keep that Silicon Valley tax base.
What a bunch of morons...go after the guys with all the power to move the company to another state. Bahahahaha!
Also, it’s NONE OF THEIR DAMNED BUSINESS. Holy crap, did I fall asleep and wake up in Mother Russia? Who do these legislators think they are?
Leave CA. ‘Get out while you still can.’
Why is it the governments business what a private company compensates its employees? I can see this one going all the way to the SCOTUS.
Should, but probably won’t.
Here goes party donation to some other party who will oppose.
I think that Texas Governor Rick Perry himself, fully supports this, for California.
Holy Marx, I wonder where they got that idea?
Wonder if this law would apply to the ultra liberal but extremely well compensated film and music artists?
Yeah, we could figure some Hollywood sleaze star's 20 million a picture against the extra's five bucks for the day.
That should get the star, studio and producer up to the 110% tax bracket.
Has everyone noticed the State of New York ads practically begging businesses to come there? What a laugher...chase them away with your IDIOTIC policies and then beg them to come back. Choke on it losers.
California legislators are adept at killing capitalism — which produces all the tax revenues these Marxists urinate away.
California...the new France!
I wonder how this can be enforced with out of state CEOs, or does this mean every company has to move out of state?
You'd think Bay Area politicians would try harder to keep that Silicon Valley tax base.
Are sports players in this group???
Detroit skated along “on empty” for decades, but consider the physics of car-makers —the machines are huge and heavy. Relocation is almost unthinkable.
On the other hand, consider, say, computer gaming —how hard is it for all the geeks to buy airplane tickets and pack their laptop away for a day or two...? OK, they have to pack and ship the foozeball table, yes:
When the same progressive throttling hands grope at the neck of Silicon Valley, the hollowing-out will require a year or two and not much more.
California. One of the most wonderful states in the Union... If it weren’t for the people.
These guys can’t even do basic math.
Walmart CEO made $21M in 2013. Walmart has 2M employees.
If the CEO’s salary was evenly distributed among his employees, each would get $10.50 more per year. Not exactly going to change any of their lives.
This of course applies to Finstein’s and Pelosi’s respective spouses.
Only politicians should be showered with money.
Nonsense bump!