Tuesday, June 21, 2011

Gold Mining in California

Well, here's a news item that Wis Econ Development will be interested in:

California currently ranks #49 among U.S. states for “business tax climate” (Tax Foundation) and #48 for for “economic freedom” (Mercatus). It shouldn’t be any surprise then that companies are leaving the “Golden State” in record numbers this year (see chart above) for “golder pastures” and more business-friendly climates in other states.

The chart tells us that 5 1/2 companies leave California every WEEK. Last year, only 3.9/week.

Gold Rush!!

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