The People's Republic of California Loses Toyota To Texas

Well, the one-party state of California (The People's Republic of California) is losing another major employer to the state of Texas: Toyota.

Toyota is moving its headquarters to Texas as the business climate there is a lot friendlier than in California where corporations are over-taxed, over-regulated and over-litigated by the radical left-wing Democrats who control the state.

According to Forbes.com:

For Japanese auto brands, the logic of keeping their U.S. sales and administrative arms in California is breaking down under the outsized penalties of conducting business in the Golden State and the changing dynamics of the North American automotive industry. So Toyota is leaving, according to Automotive News. 

And where is Japan’s biggest automaker relocating its sales and marketing operations in America? Why, North Texas, of course. The move MOVE -0.69% to Plano, Texas, will involve most of the 5,000 managers and employees at Toyota’s current Torrance, Calif., headquarters, the magazine said. 

Texas Gov. Rick Perry apparently didn’t even have to make a recruiting trip to southern California to get Toyota to do this, although he has helped lure plenty of companies with that gambit over the last several years.

Why are companies like Toyota leaving California?

The article goes on to point out:

Besides, California’s business climate is becoming an even bigger downer. California has become infamous with business executives and owners there not only for high tax rates and complex taxing schemes but also for overzealous regulations and regulators that have managed to stifle the entrepreneurial energy of thousands of companies. 

Even Hollywood movie studios have been souring about producing flicks in California, increasingly reckoning that the sweet tax breaks and assistance packages now offered by so many other states offset the legacy advantages and ideal production climate in California.

A lot of this pre-dates the administration of Gov. Jerry Brown, but he has done nothing to stop it and has also added to the burdens of corporations. That's what you get when you hand a state over to one political party comprised of leftists and Marxist loons.

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