McDonalds President Says It Might Be 'Impossible' to Operate in These Key States
While the pandemic accelerated both discussions and movement of businesses, talk of how California's high tax rates and liberal leadership has made it "impossible" to do business in the state is anything but new. In 1933, one state official wrote that "if we set up a tax on one of their supercolossal $7,000,000 productions, [the movie industry] would no doubt transfer their operations to" Florida. Similar fears of a business exodus to Nevada pushed local legislators to give a property tax break to equipment manufacturers in the 1960s.