The real reasons why in-n-out burger and more abandon California

California, once a country of opportunity, Innovation and prosperity, see the exodus of companies moving to their headquarters to other countries. The last came on February 13, when the In-N-Out Burger decided to close his Irvina headquarters in California after 30 years. The company consolidates its west coast offices in one place in Baldwin Park in California. In-n-out opens the new headquarters of the Eastern territory in Franklin, Tennessee.

While Democrats in Sacramento and Gavinomics and beyond to push the policies of the Great Government, Excessive regulation and celestial high taxes, companies vote with their feet and move into multiple business environments. What was once the epicenter of entrepreneurship is now a state that is suffocating under its own policies, the launch of work creatives and economic growth. No wonder Golden State is no longer so golden.

1. Tax on crushing and policy against business

California tax policies are one of the most comprehensive in the country. The state imposes the highest marginal income tax rate of 13.3% – the highest in the country – and the 8.84% income tax rate. Compare this to countries like Texas and Florida, where there is zero income tax, and it’s easy to see Why the companies are running away.

Budget for health care for illegal immigrants persecute blue state taxpayers

Or, even closer to home, countries like Nevada, which has zero taxes, and why the Hollywood elites are literally moving across the border, and California implements an output tax on rich people who want to leave the state.

In addition to only high tax rates, California continuously implements policies against business. The AB5 passage, which seriously limits independent performers and freelancers, has blown up desolation to industries that rely on flexible employment models. The Democratic Government Gavin News thought that the minimum wage of 8pm in the hour would solve the problem, but it just holds the diet at the highest levels in the country.

2. Excessive regulation and government overblown

California politicians love regulations. In their search for a superior government that micromaniating companies, they created one of the happiest environments for creative work. Companies must move thousands of law on employment, environmental limitations and endless bureaucracy.

Let’s take, for example, California’s privacy law of consumer-adoptive but too complicated, a law that adds huge compliance costs for companies, especially small and medium-sized companies. There are aggressive environmental policies of the state, such as pressure on electrical vehicles and the net-nula emission, which forces companies to expensive compliance measures that increase operational costs. This is precisely the reason that the owners of companies want to return to the idea of ​​a small government, less regulation and release of the free market to decide what makes sense.

3. The cost of living suddenly increases

California exaggerated living costs is another factor that pushes out the company. Employees are trying to afford accommodation in cities such as San Francisco, Los Angeles and San Diego, where medium houses are significantly above $ 800,000. The insistence of the state on strict laws on zoning and environmental limitations has worsened the housing crisis, which is almost impossible to build favorable homes.

For companies, it means higher salaries just to keep up with inflated living costs, which in turn increases the costs for consumers. Companies who want to attract and keep top talent are much easier to move to countries where employees can afford to buy a home and raise their family. Because of this, Nashville and Atlanta have absolutely flourished in the past decade.

4. Crime, homelessness and worsening cities

California once completed cities are now full of crime, homelessness and unsuccessful public infrastructure. San Francisco, once a lighthouse of economic prosperity, is now known for the drug markets on outdoors, angry theft and companies close their doors because of unanimous iniquity.

Companies like Nordstar and Walgreens have closed the main locations due to the theft of control, partly thanks to mild policies such as proposal 47, which decriminalized theft below $ 950.

Companies do not want to work in cities where employees do not feel safe, and customers are distracted by growing crime. However, left -wing leaders of California refuse to deal with these issues, instead of blaming everything but themselves for the ruin of law and order.

California politicians love regulations. In their search for a superior government that micromaniating companies, they created one of the happiest environments for creative work. Companies must move thousands of law on employment, environmental limitations and endless bureaucracy.

5. Remote Achievement Revolution: Release from California Grip

The rise of remote work accelerated the exodus of business in California. The Coid-19 pandemic has proven that employees and companies can progress without being related to physical location. Now that companies can move their business without disturbing productivity, they choose states with lower taxes, less regulations and better quality of life for their employees.

Click here for more Fox News opinions

Instead of recognizing this shift and making California more attractive to companies, state leaders doubled bad policies, pushing wealth from the state with alarming speed.

The countries adapted to the business win

While California takes out companies, states like Texas, Florida and Tennessee welcome them with their hands open. These countries offer zero income tax, lower corporation tax, fewer regulations and leadership of the passage that promotes the creation of new jobs, not punishment.

Texas, for example, became a magnet for companies like Tesla, Hewlett-Packard and Oracle, who all moved their headquarters from California in search of a better economic environment. In the meantime, Florida, under strong conservative guidance, continues to attract financial and technological companies seeking stability and growth.

Click here to get the Fox News app

There is a reason why Burger Company went to N-Out from California

According to the Hoover Institution, over 350 companies moved its headquarters from California from 2018 to 2021. Eleven of these Fortune 1000 companies. In-N-Out Burger was the main fast food on the west coast as Chick-Filo was in the southeast of the United States. So many of us living on the east coast get the opportunity to eat from a fast food chain when we make momentum on the west coast. Since the state in California has become the most expensive and heavier place to do business, in my opinion, in NN-Out has decided that it is time to spend the ride through a lane for a different change in landscapes where taxes are low, regulation is lighter and lighter People are excited about a free company.

Click here to read more Ted Jenkin