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To: nickcarraway
In February 2019, Tom Campbell, former state director of finance from 2005 to 2006, said, “From the point of view of attracting and retaining businesses and jobs, the power of Prop. 13, rather, was in allowing California to tell a business: go ahead and sink that concrete into Texas if you want, but you’re taking a big risk that Texas won’t revisit that building a few years later and double your tax assessment. With California, you’re safe. … In repealing Proposition 13 for businesses, California will be forfeiting our best argument to attract new jobs – a long-term sacrifice that will hollow-out California’s economy, costing us far more (than) $10 billion in a very short time.”

That, and Texas has electricity...


12 posted on 01/21/2020 9:09:42 PM PST by kiryandil (Chris Wallace: Because someone has to drive the Clown Car)
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To: kiryandil

Lol...the utilities there don’t cause wild fires either.


20 posted on 01/21/2020 9:29:08 PM PST by mac_truck (aide toi et dieu t'aidera)
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