CA Businesses: Relocate to Las Vegas (TV Ads)
To California businesses: "Get the monkey off your back. Move to Las Vegas and kiss California red tape and taxes goodbye." Vote with your feet! Here's another one:
Thanks to Art Little.
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Sunday, September 06, 2009
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
Previous Posts
- Correcting Unfairness With Govt. Policy Increases It
- Interactive Chart for GDP Per Capita
- Real Estate Recovery in the Twin Cities
- Markets in Everything: Life Insurance Securitization
- The Top 4 Lessons Learned in Business School
- Retail Health Care Clinics: "A Model for the Future"
- Adjusted Jobless Claims Suggest Recession Ended
- Markets In Everything: Portable Toilet for Women
- Real Estate Recovery
- Miami Home Sales Highest Since August 2007
6 Comments:
Well it seems that neither California OR Nevada have much to brag about as good places for business if this CNBC article is accurate...
From CNBC: America's Top States For Doing Business
There are interactive listings one can play with...
Consider this one: Cost of Doing Business - 2008
South Dakota look like a good place to go if one wants to move business out of California...
South Dakota is one of the few places left in America with a growing economy. Other strongholds include North Dakota and Casper, Wyoming. Montana is struggling a bit but is still better off than the nation. The unemployment rate in Eastern Washington is high, but coming down. Alaska just entered recession but it's not too bad yet.
Who knew the backwater economies would be the bastions of capitalism.
I lived in Salt Lake City at the end of the 90s and the growth of the city from business fleeing California was phenomenal even then. I wonder how much of California's economy survives because of it's ports.
"...the growth of the city from business fleeing California was phenomenal even then"...
Note the following from David Stirling opinion piece dated 8-17-03: 'Pick any category - from the acute condition of public finances to the anemic condition of the state's business community; from the ailing job market to the stagnating electrical energy market; from the declining capacity to meet needs in education, transportation and water to a total unpreparedness to accommodate the additional 6 million new Californians expected by 2010. In every major category, the liberal-controlled Legislature has set California on a collision course with the concrete wall of reality.
When liberal Democrats took control of the California Legislature following the 1998 general election, the state treasury was flush with a surplus that approached $12 billion. State budget general-fund spending in 1999 was $57 billion. Today, just over four years later, not only has the $12 billion surplus been exhausted, but annual general-fund spending exceeds $77 billion. Besides depleting a huge surplus, in just four years, the liberal majority drove up annual spending by $20 billion - a whopping 36 percent'...
Any wonder there's business flight?
Sure guys, take that chance and move to my native South Dakota. Once you're there, take note of the fact that SoDak's public school enrollment has dropped by more than 10% over the last 15 years. Also, be sure to note the number of cars with SoDak license plates that currently inhabit states like...say...California. Not to mention high-tax havens like Minnesota.
No personal/corporate income tax is not the be-all and end-all, people.
I wonder when CA is going to put a supertax on U-Hauls going outta town...
Post a Comment
<< Home