So to these people who think that we need even more regulation and higher taxes, I have to ask how you respond to these two stories:
Waste Connections Inc., the Sacramento region's largest publicly traded company, said Monday it's moving to Texas.
The departure of the Folsom-based garbage hauling and landfill firm will cost the region just 100 or so jobs. But losing one of the area's few publicly traded companies carries symbolic significance for a region struggling to build a private-sector employment base to reduce its reliance on government...
The company's top executive also used the announcement to take a parting shot at California's business climate and political leadership. Waste Connections first warned state officials it was considering a move in August.
"This state has the highest state tax rates in the nation, and they're going higher," Waste Connections' CEO Ron Mittelstaedt said in a telephone interview Monday.
California, he said, is "structurally and fiscally broke." link
Then there's this one:
A California company that develops advanced superconducting wire said it plans to move most of its business and 135 jobs to Austin early next year...
"This is a good win for Austin," said Dave Porter, senior vice president of economic development for the Greater Austin Chamber of Commerce, which collaborated with the Austin office of real estate firm CBRE in recruiting the company to Austin. "It continues the momentum we have seen out of California, with companies looking for a less-costly business environment."
The company's proposed average wage will be $75,000, Porter said, and most of its jobs are expected to be filled with local employees.
Superconductor Technologies did not seek local economic development incentives. The company also looked at locations in the Denver and Phoenix areas before deciding on Austin. link
Who will pay all these taxes when we run all the job producers out of the state?