Exxon just left NJ, Smith and Wesson has left MA, and Morton Salt has left IL. This is just a very, very small sampling of what's happening.
Seattle ain't the Lone Ranger. It's happening all over.
Businesses are on the move looking for more business friendly places to operate out of. They are sick and tired of being treated like a cash cow by state and local governments.
When a business leaves it takes jobs and wealth with them and leaves behind unemloyment, empty factories and office buildings which so become abandoned eyesores. Nearby by businesses generally take a hit also.
It creates a downward spiral.
OTOH the new business location the company moves to gains jobs. The local businesses generally report an increase in business and the new location gains wealth.
That's what happens when you treat a business like a cash cow instead of a valuable asset.
Incidentally corporations don't really pay taxes. Consumers do. The corporations simply add the cost of taxes onto the price of the goods/services they sell to the public and the customer pays..
It would be interesting to find out what a $40K vehicle would cost before the tax man arrived and took his share.
One other BIG thing is that government should be a LOT more careful and responsible with our tax money. Some Muslim country in Africa does NOT need TV programming extolling the virtues of gay rights. If it doesn't directly effect Americans positively then the money should not be spent. Not to mention that any misappropriation of government money should land someone in jail for a lengthy sentence.
Update. The Berlin chip and pretzel factory just shut its doors. Wonder where it will go.
You are right on the money, Pic. It's a shame that lesson is not taught in schools.
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