Wednesday, December 14, 2011

Companies Still Leaving California

What is it that these lefties think--are things so bad in California that we need more regulation and higher taxes? If so, to what end? And when jobs leave to Texas they scream about "deregulation" or some other bugaboo, which is supposed to give us the idea that Texas is some lawless place, but I'm not reading about environmental nightmares coming out of Texas. When you read a story about a child born with an arm sticking out of his/her forehead, let me know.

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?


Anonymous said...

The same people who have always paid the taxes: the average worker.

Darren said...

Who will employ these workers?

Mike43 said...

And our fervent hope, in Texas, is that they leave the "California" mentality behind.

Jean said...

HP once wanted to open an office in our small city. Win, right? The city gov't made it so difficult that HP gave up and went elsewhere. The major employers here are the hospital and the college--there is little else.

Anonymous said...

The nirvana that is Texas: its business-friendly atmosphere pulls in businesses like a magnet pulls steel.

And still it fails to properly fund schools. Good thing that school funding is not an issue you worry about here at RotLC, Darren.

Darren said...

So your point is that if everything isn't perfect, it must be horrible? Perhaps you think school funding is exceptional here in the Iron Pyrite State?

Clearly you are a troll.

Ellen K said...

Darren, I keep telling you that even in this economy, good math teachers will get hired. Texas is a better place to be. And while we don't have the same expanse of surfable beaches, we do have some of the least populated beaches in the nation. Our school funding isn't anything to write home about, but it appears that some districts are having an epiphany in regards to the extent extracurricular activities should be funded by the state. I still say a kid who can read and write should get a scholarship before a kid that can catch a football.

allen (in Michigan) said...

Oh sure Texas properly funds schools.

How could it help but at over $10,000 per student per year? $10,314 to be specific which puts Texas less then $200 off the national average -

The question that hangs in the air, and that you'll refuse to engage on is "what constitutes proper funding of schools?"