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In reply to the discussion: California residents, businesses consider bailing on Golden State over taxes [View all]MindPilot
(12,693 posts)"Businesses have been threatening to leave California in droves" ever since I moved here over 30 years ago. Either it is an extraordinarily slow process or it isn't actually happening.
And in a typical bending of the truth (OK, out and out fabrication) Fallbrook Technologies is not "moving to Texas". They a San Diego-based company and already have operations in Texas, Michigan, China and Europe. They are simply expanding their manufacturing facility in Texas because they entered into a strategic partnership with another company last year.
I would like to ask one of those Fox "reporters" exactly why a company would leave a state that is somewhere between the sixth and ninth largest economy in the world with a huge pool of well-educated workers.