The Top Ten Reasons Why California Companies
Are Calling the Moving Companies©
The #10 Reason: Unprecedented Energy Costs: …commercial electrical rates here already are 50% higher than in the rest of the country.
#9 – Severe Tax Treatment: CFO Magazine ranked California the worst state for tax treatment. Last year the National Conference of State Legislatures said California remains the number one state in raising taxes – raising them higher than any other state that increased taxes in 2009.
#8 – Worst Regulatory Burden: Development Counselors International that found that 72% of surveyed corporate executives listed California as having the “worst business climate” in the entire United States.
#7 – Dreadful Legal Treatment: The Civil Justice Association of California said the state ranks 44th in legal fairness to business. Los Angeles was again named the least fair and reasonable litigation environment in the entire country.
#6 – Most Expensive Business Locations: Milken Institute, which found that California businesses are paying 23% more than the national average just to operate here.
#5 – Provable Savings Elsewhere: Intel, which has said it will never build another plant in California, and McAfee in 2010 admitted it intentionally avoids hiring in California and saves about 30 to 40% every time it hires outside of the state.
#4 – Downright Unfriendly: The Small Business & Entrepreneurship Council in Virginia found that California ranked 49th overall in terms of business friendliness.
#3 – Uncontrollable Spending: Extravagant spending causes California to now have the lowest credit rating of any state. The American Legislative Exchange Council points out: "Despite the dubious distinction of having both the highest statewide personal income tax and the highest state sales tax in the nation, California still finds itself with far and away the largest budget deficit of any state."
#2 – Excessively Adversarial: For two years in a row Chief Executive magazine found California to be the worst state in the nation in which to do business. The magazine calls California the “Venezuela of North America.”
#1 – The ‘Outpouring’ of Poor Rankings Continues: California ranked dead last in the latest Pollina Corporate Top 10 Pro-Business States for 2010 study.
… California ranks 46th on a national "Happiness" list. ( See above ) Joseph Vranich - The Business Relocation Coach