California: Toxic Business Environment

If you manufacture anything and you live in California, I have only one question for you.

Why?

California boasts that 34% of all welfare recipients in America live within its borders. Yes, America, California is carrying the load for the rest of US States and as has been widely reported in the press, the state is BROKE. One more economy folds for the sake of socialism. 

While the Castro brothers (Fidel and Raul) have decided to move Cuba in the other direction, California continues to roll in the dung of the likes of Nancy Pelosi and pronounces it 'perfume'.

Today the Orange County Register ran a story about Fasst Inc., a manufacturer that left Southern California for Utah, estimating that they will save 25% - 30% over the cost of manufacturing in California. Those of us who live in California can understand this completely. As more companies leave, there will be fewer jobs, and less people to pay taxes, which will force the State of California to raise taxes.

At present, California is the highest taxed state in the Union when one factors in sales tax (10% in several counties), property tax, corporate tax and state excise taxes. The Tax Foundation ranks California's business environment at 49th (which means we're not completely at the bottom), behind New Jersey. You can move across the border to Nevada (ranked #4 nationally) or north to Oregon (ranked #8 nationally) and save a LOT of money. The quest for profitability in a business may be a filthy concept to President Barack Hussein Obama, but for employers looking to expand their business - and hire more people, it isn't.

California is in a death spiral fiscally, jobslessness and underemployment runs close to 25%. Socialistic policies, "social leveling", wild welfare spending and irresponsible taxation will only grind the state further into the hole.