High taxes, punitive regulations, a hostile political environment, and the cumulative burden of compliance have eroded the state’s once-dominant economic edge
As the old adage goes, ‘money moves’ — and right now, it’s moving east in direct response to Sacramento’s latest tax grab
Sacramento can no longer blame outsiders for a crisis it created
Wealth taxes have failed repeatedly elsewhere, and California is already seeing the preview
California’s wealth creators—individuals, billionaires, and now major institutions—are ‘going Galt’
The total wealth that has left California is now $1T – we had $2T of billionaire wealth just a few weeks ago
Will Democrats tighter grip on state politics drive more Republicans and businesses out of state
San Diego and Los Angeles make Top Outbound Cities list in 2023-24
53 Headquarters businesses left San Francisco
Cinemark is due to close on Friday