The Times is delusional about why companies leave California
The Los Angeles Times long has been an apologist for California’s welfare state, which may be OK when the consequences are benign. But those consequences are no longer benign, and the evidence is no longer even slightly ambiguous.
In “Was Toyota driven out of California? Not so fast,” the Times pooh-poohs the “new round of hand-wringing” following the U.S. headquarters of Toyota’s highly publicized departure from Torrance to Plano, Texas.
Read more at ‘Making Excuses for Companies’ Flight’
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Tags: Arthur B. Laffer, California Business Climate, California Regulations, California Taxes, Companies Leave California, Toyota
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