Saturday, December 24, 2011

Editorial: Even profitable firms fleeing California

Editorial: Even profitable firms fleeing California california, businesses, business - Opinion - The Orange County Register
While a limited number of businesses go through the trouble of pulling up stakes and high-tailing it to Texas, Nevada or Arizona, many others just quietly go out of business.
Others keep their headquarters here, but expand their operations elsewhere.
Many jobs are never created or opportunities pursued because of the punitive regulatory and tax climate in California, where Steinberg's true constituency – the public-sector unions that enforce the myriad regulations and laws – does its work.

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