Why are Businesses fleeing from Progressive States and moving to Conservative States?
I find it mind boggling that businesses are leaving high taxed Progressive States and fleeing to tax friendly Conservative States. Why is this happening? Below are two articles about companies leaving CA and IL. http://money.cnn.com/2011/06/28/news/economy/California_companies/index.htm?iid=Lead#disqus_thread http://www.chicagotribune.com/business/breaking/chi-cme-group-says-tax-situation-is-untenable-may-exit-state-20110728,0,6322503.story Unemployment in TX - 8.2% Unemployment in NY 8.0, do you know why? Because TX has more people and employs more. You are comparing Apples to Oranges. You can't compare both States unless they have the same exact number of people.
Asked By: Ben Artzi - 7/28/2011
Best Answer - Chosen by Asker
Hmm, because Progressive states think they should overtax them, take all of their money, and kill job creation. I wonder why Texas is doing so good under Perry. If we don't lower their taxes, they'll all leave and go to China next.
Answered By: Brett Favre ค.ß.g. - 7/28/2011
Additional Answers (5)
New York has lower unemployment than Texas. Fact. Blue states have more successful economies than red states. Fact
Answered By: Air Force Devil Dog - 7/28/2011
you mean like Maryland to Arkansas, HA! not happening. blue states pay for the welfare of red states. red states don't do to well without slave labor.
Answered By: Mr. smartypants - 7/28/2011
California and Illinois are getting exactly what they wanted.
Answered By: Baroccoli - 7/28/2011
LOLOL CME wants to move... derivatives group want to move to the South... what a joke... they will still do all their trading in Chicago and New York, just have a PO box in Texas for tax purposes... More
Answered By: Zombie g - 7/28/2011
I didn't know China was a conservative state.
Answered By: Cherie - 7/28/2011
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