Major cities, such as New York, Los Angeles and San Francisco, have punishingly high tax rates and lack business-friendly policies. With pushes to defund the police and cutting down on prosecutions, cities have been plagued by crime, violence, looting and disorder. Government officials have demonstrated flagrant disregard for their citizens by haphazardly ordering businesses and schools to shutdown with little warnings.
A number of bankers told their boss, Ken Moelis, the CEO of his eponymous investment bank Moelis, that they wanted to leave New York City for Florida. In response to their request, Moelis replied, “We’re a talent business. I want to attract, I want to motivate and I want to retain the greatest talent in the world. And if that talent wants to do it in Florida, that’s where we’ll support them.
,"For myself, yes, I have moved to Texas." He continued,"We've got the Starship development here in South Texas where I am right now. We've got big factory developments just outside of Austin for Giga Texas as well." reported, “California, with its steep housing costs, raging wildfires and strict business regulations, has been losing residents to other states, with Texas as the most popular exodus destination.
Oracle, led by billionaire Larry Ellison, moved its headquarters to Austin because of California’s high tax rate, exorbitant living costs and the ability to have remote workers. The tech giant offers employees the option of either working remotely or selecting which office they’d prefer working at.
Well that’s a big surprise no one saw that coming
Good
And coming to Pittsburgh
They should be made to stay and wallow in the shit holes that they’ve created.
If I have a business!!! I would too. Wait and see what the do nothing dems in office are going to do to businesses 😡😡😡
What this really means is Florida and Texas will soon be blue states.
The problem is that the people want services and regulation. They cost money. People vote for leaders. NY and CA didn’t get expensive without support from constituents.
Run rabbits, run.
They are doing the sane thing.
Maybe homes will be more affordable now. Their inflated salaries drove up home prices
Ha, what would you know. Apparently they do like their freedom.
Want to find out if fleeing voters still had ballots counted at their previous address?
I thought Forbes news went out of business. How irrelevant.
And the states that 'attach' them are the ones giving up BILLIONS in tax revenue to only make it up on the back of the workers while the corps skate thru tax-free or even PAID in some cases!
Democrats on the loose ... corral them back before they destroy the rest of the Country with their votes.
Democrat policies DESTROY business!
Is there a middle ground to keeping businesses here in Ca? GavinNewsom
Who would have thought that businesses don’t like being overtaxed and overregulated ? 🤷♂️
So
As they should.
Good.
If DC wont help just file bankruptcy for back rent credit card debt laws protect thoudandsb$$ of possessions from creditor