Posted on 04/27/2014 4:52:00 PM PDT by Extremely Extreme Extremist
California’s inhospitable tax policies may have struck again, this time costing Los Angeles one of its largest employers. According to multiple sources close to the situation, Toyota will be relocating its US headquarters from the LA suburb of Torrance to Plano, Texas.
The company has yet to notify its employees of the news, but is expected to do so Monday, followed by a public announcement. While it’s unlikely that Toyota, which is ranked 8th on Fortune’s Global 500, will directly cite taxes as the reason for its relocation, it should come as little surprise that the financial burden of operating in California – both on the corporation and its employees personally – played a major role.
A number of early stage entrepreneurs, including Pando contributor Bryan Goldberg, have discussed publicly their decisions to start companies outside of California. Now, it appears that frustration has moved its way up the economic food chain.
(Excerpt) Read more at pando.com ...
This was done on Election Night 2000 by the leftist media. It’s pure Orwellian newspeak. Our side should’ve rebuked the mislabeling the moment they started it. We let the left get away with controlling the language and we wonder why we’re losing the war.
“I am happy to live in a Texas county that is one of the most conservative in the nation.”
Which county is that, if I may ask? I’m looking to move to Texas next year, and want to avoid blue areas.
While the Democrats own the entitlement and low info votes
they certainly could not win as many elections as they do
if they didn’t get a significant number of employed voters including those in the private sector.
Not quite accurate but it sounds good.
The county is one of the ones north of Dallas.
Tips:
Avoid the big cities.
If an area has no mass transit/light rail, then it should be OK.. keeps the riffraff out ...
(But then again, Texas is a “shall issue “ state. )
Yup, lucky Texas, they have a good one AND SMART. We have obama thanks everyone that stayed home OR thought that Rick Perry was too dumb.
They’re following Nissan’s footsteps. Nissan ditched California for the Nashville-suburbs.
Those idiot white liberals in California still think they live in paradise while the rest of the country sees it for what it is. A high tax, over regulated, unfriendly to business, economic black hole populated with increasing numbers of low-skilled, illiterate, entitlement mooching third world human debris.
Gotcha, thanks!
Good for Toyota.
OMG! This is a big blow to our community, which is American headquarters for Toyota and Honda. Toyota has been big in supporting local charity and educational programs. The Banquet hall at the Torrance cultural center is the Toyota hall, for example.
Major bummer!
Union? What are you talking about? Toyota isn’t unionized.
I worked there as a temp in 2001...funny I was contacted for a contract gig there just a few months back
-— None of the zombie craze stuff makes any sense to me unless it is an outlet for modern floating anxiety. -—
Eventually the tax load will fall heavily on Hollywood, Apple, Facebook and Google. Things should get interesting then.
Yee Haw!
If you're a liberal, check your politics at the door.
You've f'd up one state, Texas doesn't NEED more liberal idiots.
Austin has enough.
Don't like that?
Go back to California.
Apparently I was talking out of me arse. It happens. According to my wife, it happens a lot.
The UAW and Toyota entered into some sort of unholy alliance for building Corollas, but I think that’s history now.
From Wiki NUMMI:
Until the facility’s closure in April 2010, 4,700 workers were employed.[10] NUMMI employees were represented by The International, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) Local 2244.
The U.S. headquarters is moving to Texas, not another plant.
White collar jobs...
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