Toyota moving to Texas

NEW -> Contingent Buyer Assistance Program
morekaos said:
And as much as I admire the entrepreneurial spirit of these people I question the quality and quantity of their small business' ability to contribute overall to the Cali economic powerhouse.
According to the proponents, legalizing street vendors is not about economics, the urgency is fear of Trump. They need to decriminalize street vending quickly before Trump takes office where a misdemeanor conviction for street vending could lead to deportation.
 
morekaos said:
irvinehomeowner said:
Maybe morekaos will like this news:
http://www.ocregister.com/articles/tax-737245-california-credit.html

Yamaha Corp. of America, the Buena Park subsidiary of the giant Japanese musical instrument and audiovisual equipment maker, agreed to remain in California, rather than move to Texas or Tennessee, after the state granted it a $3 million tax break last month.

I do...at least try to keep them here.  Baby steps.

This is small compared to the amount saved, if a company moves to a state with no state income tax.

Here are the Savings moving out of state: (assumptions move to a no income tax state, these are all hypotheticals and don't be mad at me because you or your comany can't make or get the deals that I mentioned)
- no state income tax (this alone is a Huge! Big Time Savings)
- lower compensation due to low cost of living
- rent/leasing cheaper, it should be cheaper
- to add a cherry on top, the xyz state and or xyz city might add additional money (just looking at the past companies that moved out of California)

I can't believe you guys fell for this article, with out doing an analysis.
 
I am gonna repost this from another thread because of its relevance to this topic.... Apple (a Cali company with significant influence on Foxcon)  will not even consider us as a state for its factory. I wonder why. 

Happiness said:
http://www.mcall.com/business/manuf...nia-foxconn-display-plant-20170123-story.html

Pennsylvania is the leading contender for the new 30,000 to 50,000 employee Foxconn plant to make Apple products in the US.  So far, all of the jobs Trump has brought back from overseas has gone to states like Michigan and Pennsylvania, traditionally Democratic states that HRC assumed was hers but instead switched sides and went Trump in 2016.  Reward perhaps?  My guess is that the companies heeding Trump's call to bring jobs back won't be providing those jobs in rainbow land California, New York, and Illinois.
 
Just imagine if California cut the business tax rate, RE will go through the roof and business will come here versus leaving.


morekaos said:
I am gonna repost this from another thread because of its relevance to this topic.... Apple (a Cali company with significant influence on Foxcon)  will not even consider us as a state for its factory. I wonder why. 

Happiness said:
http://www.mcall.com/business/manuf...nia-foxconn-display-plant-20170123-story.html

Pennsylvania is the leading contender for the new 30,000 to 50,000 employee Foxconn plant to make Apple products in the US.  So far, all of the jobs Trump has brought back from overseas has gone to states like Michigan and Pennsylvania, traditionally Democratic states that HRC assumed was hers but instead switched sides and went Trump in 2016.  Reward perhaps?  My guess is that the companies heeding Trump's call to bring jobs back won't be providing those jobs in rainbow land California, New York, and Illinois.
 
eyephone said:
Just imagine if California cut the business tax rate, RE will go through the roof and business will come here versus leaving.


morekaos said:
I am gonna repost this from another thread because of its relevance to this topic.... Apple (a Cali company with significant influence on Foxcon)  will not even consider us as a state for its factory. I wonder why. 

Happiness said:
http://www.mcall.com/business/manuf...nia-foxconn-display-plant-20170123-story.html

Pennsylvania is the leading contender for the new 30,000 to 50,000 employee Foxconn plant to make Apple products in the US.  So far, all of the jobs Trump has brought back from overseas has gone to states like Michigan and Pennsylvania, traditionally Democratic states that HRC assumed was hers but instead switched sides and went Trump in 2016.  Reward perhaps?  My guess is that the companies heeding Trump's call to bring jobs back won't be providing those jobs in rainbow land California, New York, and Illinois.

Thats not gonna happen....idiots!!

Jerry Brown delivers anti-Trump manifesto

In his State of the State speech, the California governor issues a scathing rebuke of the new president.

SACRAMENTO ? The governor of the nation?s largest state delivered a pugilistic rebuke of Donald Trump on Tuesday during his State of the State address, presaging years of bitter conflict between Washington and the state that rejected him by a landslide margin.

In promising to confront Trump on issues ranging from immigration to health care and the environment, Gov. Jerry Brown further entrenched California as an outpost of resistance, setting the tone for four years of politics in this heavily Democratic state.

?This morning, it?s hard for me to keep my thoughts just on California,? Brown said. ?We?ve seen the bald assertion of ?alternative facts,? whatever those are. We?ve heard the blatant attacks on science. Familiar signposts of our democracy ? truth, civility, working together ? have been obscured or even swept aside.?

For a fourth-term governor who long ago abandoned his own presidential ambition, Brown?s defiant speech signaled an eagerness to collide with Trump on a national stage, casting California as ?beacon of hope to the rest of the world.?

http://www.politico.com/states/california/story/2017/01/jerry-brown-warring-with-donald-trump-back-on-national-stage-108988
 
morekaos said:
eyephone said:
Just imagine if California cut the business tax rate, RE will go through the roof and business will come here versus leaving.


morekaos said:
I am gonna repost this from another thread because of its relevance to this topic.... Apple (a Cali company with significant influence on Foxcon)  will not even consider us as a state for its factory. I wonder why. 

Happiness said:
http://www.mcall.com/business/manuf...nia-foxconn-display-plant-20170123-story.html

Pennsylvania is the leading contender for the new 30,000 to 50,000 employee Foxconn plant to make Apple products in the US.  So far, all of the jobs Trump has brought back from overseas has gone to states like Michigan and Pennsylvania, traditionally Democratic states that HRC assumed was hers but instead switched sides and went Trump in 2016.  Reward perhaps?  My guess is that the companies heeding Trump's call to bring jobs back won't be providing those jobs in rainbow land California, New York, and Illinois.

Thats not gonna happen....idiots!!

Jerry Brown delivers anti-Trump manifesto

In his State of the State speech, the California governor issues a scathing rebuke of the new president.

SACRAMENTO ? The governor of the nation?s largest state delivered a pugilistic rebuke of Donald Trump on Tuesday during his State of the State address, presaging years of bitter conflict between Washington and the state that rejected him by a landslide margin.

In promising to confront Trump on issues ranging from immigration to health care and the environment, Gov. Jerry Brown further entrenched California as an outpost of resistance, setting the tone for four years of politics in this heavily Democratic state.

?This morning, it?s hard for me to keep my thoughts just on California,? Brown said. ?We?ve seen the bald assertion of ?alternative facts,? whatever those are. We?ve heard the blatant attacks on science. Familiar signposts of our democracy ? truth, civility, working together ? have been obscured or even swept aside.?

For a fourth-term governor who long ago abandoned his own presidential ambition, Brown?s defiant speech signaled an eagerness to collide with Trump on a national stage, casting California as ?beacon of hope to the rest of the world.?

http://www.politico.com/states/california/story/2017/01/jerry-brown-warring-with-donald-trump-back-on-national-stage-108988

California is to Trump as Texas was to Obama.
 
I have 2 friends who work there.  I hope this works out for them, whether they stay or go.  Sure, keep your job, but your spouse doesn't, and your kids really don't want to be uprooted either. 
 
They wanted out of here so bad that they never even gave Glendale a heads up. The rush for the door leaves little room for negotiation or they know that at this point nothing offered would be enough to stay... very sad for our state.
 
We reap what we sow...

L.A. County has traded high-paying jobs for low-paying ones

During the same 10-year period, 35,000 jobs were lost in finance, accounting, architecture and engineering in the area. Those jobs paid an average wage of $85,000 in 2007, according to the economic group. The organization did not have 2016 wage comparisons for some of those jobs.

Meanwhile, the county added 92,000 jobs in food service and 49,000 jobs in in-home support services.

The average wage for food service jobs last year was $20,000, while the average wage for in-home support service workers was $14,000, according to the report.

http://www.latimes.com/business/la-fi-county-jobs-20170221-story.html

Don't think we got the good end of this particular transaction.
 
So let's use some Labor Statistics "facts":

https://data.bls.gov/timeseries/LASST060000000000006?amp%253bdata_tool=XGtable&output_view=data&include_graphs=true

latest_numbers_LASST060000000000006_2006_2016_all_period_M12_data_labor%2Bforce.gif


Now your crayon might point out there is downturn at the end of the graph for the end of 2016 however, year over year, Cali's labor force has gone up... even from 2014 when this thread was started.

I doubt that graph is ever going to go bell curve anytime in the near (or far) future.
 
That article does not argue that jobs have not been created, they point out that the jobs being created are lame.  Perfect time for a counter announcement IHO. Surely there is a counter to this loss of AutoAlert.  Any major employer would love the good press of announcing job creation in Cali. 
 
I don't deal with the minutia... as I've commented time and time again in this thread.

Overall, jobs are increasing in Cali... and I think if you Google it, job growth in the last 1-2 years in Cali is at a higher percentage than Texas.
 
Back
Top