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- Government and activist groups harass another huge corporation right out of California
Government and activist groups harass another huge corporation right out of California
Last updated on: February 20, 2017 at 3:11 pm by Mark Meckler
Government and activist groups harass another huge corporation right out of California 2017-02-20T15:11:23-06:00 Mark Meckler
Patheos Explore the world's faith through different perspectives on religion and spirituality! Patheos has the views of the prevalent religions and spiritualities of the world.
Good for Nestle for getting out of California, now known as one of the worst places to do business in America.
The food corporation has opened up shop in Virginia, where they will be given tax incentives worth $16 million, according to The Blaze. Gone are the days of the business unfriendly tax rates of the Golden State, the enormous cost of living, and the anti-capitalist activists who have wreaked havoc on companies.
Investor’s Business Daily writer Terry Jones explained the kinds of things Nestle has had to put up with while its corporate offices were in Glendale:
[A]part from having higher taxes, absurd housing costs and more regulations than nearly any other state, California’s wacky laws have turned the Golden State into a venue of choice for activist groups to file costly class action lawsuits — or to launch anti-corporate PR campaigns against big, wealthy targets like Nestle.
In recent years, Nestle has faced two such activist-led actions, both spurious: One involves allegations that Nestle improperly documented its anti-slave-labor policies. Not that it employed slave labor, it just didn’t document it online.
Corporate harassment, Jones added, not only comes from these activists but also “top officials and local politicians — virtually all of them far-left progressive Democrats — [who] actively despise capitalism.”
The passage of Proposition 30 in 2012, which raised the personal income tax of the wealthy, is one example how lawmakers have effectively pushed out strong business growth in the state. Between 2008 and 2015, nearly 1,700 companies moved out of California and onto states more welcoming of business. This includes giant companies like Toyota and Occidental Petroleum, both of which relocated in Texas.
This also means residents are packing up their homes and taking their tax dollars with them. At least one million middle-class families have uprooted and moved to other states.
As a state that ranks almost last in both economic freedom and competitiveness, California is well on its way to separating itself from the rest of the country before a vote on secession even needs to be passed.
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