Companies Have Been Fleeing to Low-Tax States. Here's Why That May Be Bad News for Workers

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Many states are offering companies enticing incentives like lower taxes if they move their operations, but a superior business climate doesn't always equate to a superior working climate.

the sorts of policies that Oxfam America tracks in its best states to work list such as higher minimum wages, pregnancy accommodations in the workplace and policies that protect the right to unionize.

But the states with the best policies for workers, according to Oxfam America’s analysis, also tend to be the states with the highest cost of living. Oxfam America ranked Oregon, New York, Massachusetts and California as some of the best states for workers' rights, butfound those states also have some of the highest cost of living in the country.

“There are a number of things that workers are looking for when they think about considering different employment opportunities and that companies have to consider when they're recruiting talent for jobs,” said Rachel Lipson, director of the Project on Workforce at Harvard University. “We're still in a very tight labor market where workers still have a lot of power and the ability to be picky.

Watch the video above to learn which states are the worst for workers and how companies in those states can attract top talent.

 

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If a particular U.S. state has the practice of codifying terms like diversity, inclusion and equity into their rules & regulations, businesses that build products look for the closest exit. Once a state government gets its hands into an industry, it fails.

Stay the heck out of Mn. Poor schools, high crime, and need I say anything about the $8BILLION tax surplus that this dem run state only plans to waste and raise taxes even further.

Video has sound issues

robtfrank More BS from Maga world.

So WHAT. Forget the DEI nonsense. NC is a great place to live, wonderful beaches, 5 centuries of history & has outstanding medical centers & great transportation hub. This is pure NYC resentment. NYC propaganda.

70 Republicans Want to Make Trump Tax Cuts Permanent 1) Temporary, because those tax cuts for the rich INCREASED the debt 2) While the GOP threatens to shut down gov't! Stop saying Republicans have a point! RepublicansAreTheProblem

Always amazing that the people fleeing their crap states, want to make their new homes just like what they left.

Inclusion? I see how you slipped that in.

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That s a good thing to flee from tyrannical woke communist areas of the country to saner pasture. Same applies to Canada where we are hijacked by a minority gov that specializs in crookery and corrptin and is kept alive by a sikh asskisser changng the colour of his turban daily

LBGTQ restrictions! Oh no! (And what are those by the way). cnbc used to be credible.

Moving way from Democrat run high tax states is better for workers. Workers aren't paying outrages taxes to liberal states. Workers have more freedom. They are less likely to be subjected to policies like vaccine mandates.

You do have some economists working on your staff right? Because I can't tell sometimes.

And yet the governors from high tax states (Murphy, Hochul) have learned nothing and merely double down on their failed policies.

Cause it makes it easier to exploit their employees.

A reason to leave NYC is safety which NYC and NYS not focused on providing….

It's actually great for workers, just not liberals who won't relocate because they think everything outside of a large coastal city, who's not an atheist wearing a nosering, is a klansman. They should learn to code.

Moved my company to TX six years ago. Best. Decision.Ever.

It's great news for workers! Move with them.

Companies may choose to relocate to low-tax states in order to lower their operating costs and potentially increase profits. This could potentially have negative consequences for workers, as companies may be motivated to cut labor costs in order to maintain their profits.

People have been fleeing too. Noone wants their money stolen from them. The government earns 0% of the profits of my labor. They take about 30%, then waste it.

I hope they all leave California and NY. Those states have created policies that make cost of living a nightmare because they have airheads in charge who can't manage a budget efficiently and wisely. They solve this issue with passing the load onto corporations and taxpayers.

since when is DC a state? nah Jersey is 5.

Nice weather too, early spring, long summers, mild winters

Georgia NC

Seriously look at this map. This is CNNs viewership and, thus, the best places to live. Lol. This is bad journalism.

So basically the ones that are good are whiny and woke got it.

There are only 50 states

Any mention of the overall medical & educational levels in those states?

How many times has GG met with FTX in last 2 years? Why did he miss FTX with SBF right there in his office SEVERAL times?

It would be terrible if my employer paid less taxes and could afford to pay me more

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