Jake@JakeCan72
The company that tracks companies leaving California left California.
CBRE moved its headquarters. So did Chevron, Oracle, Tesla, Charles Schwab, Palantir, Yamaha, Neutrogena, and Public Storage.
Hundreds of headquarters. Thousands of jobs. One decade.
California has over 420,000 regulatory restrictions — 100,000 more than the next closest state.
Highest marginal income tax in the country: 13.3%.
Florida, Tennessee, and Texas: zero.
Either California is the problem — or every major company that left made the same mistake.
h/t @TheFP