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Katy Grimes

California’s business ‘leakage’ becoming a deluge

The list of businesses leaving California for greener pastures is long and growing. And now we can add Toyota to it.

The word ‘leakage’ is the new politically correct term used by legislators, the Governor, bureaucrats and the California Air Resources Board, to describe what happens when California businesses leave the state because of tax increases and stupendous regulations… as if any of them really know what it means for a business to make the difficult decision to close a location, terminate hundreds of employees, and physically move equipment, machinery, offices and records. And, the CEOmust figure in the cost of business interruption, as a business’s productivity will be undoubtedly be reduced after a move.

Who is “leaking?”

Apparently California is ‘leaking’ businesses… as if businesses and middle class families are dribbling away, or just accidentally… Read More