Tuesday Dec 13 2011
Editor's View: Is California ready to be more business friendly?
By: Don Chaddock, Telegraph Managing Editor
With the news that Waste Connections, based in Folsom, is moving their headquarters (and about 200 jobs) to another state, it is another nail in the coffin for California. The Golden State was once the land of opportunity. People came here from all over the world to make a better life for themselves and their families. That is no longer true. Over the last 20 years, families and businesses have left California for places like Nevada and Texas, where businesses receive incentives. With those businesses come jobs. Those employees spend their incomes on cars, groceries, gas, computers, cell phones and entertainment. For families, the big draw in Nevada is the lack of personal income tax. For businesses, it’s tax breaks and looser regulations. It’s time our legislators in the state capital get off their collective duffs and do something, before the Golden State loses any more of its once glorious luster. Editor Don Chaddock’s column publishes weekly.