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Silent Type

(12,378 posts)

15. He can answer for himself. But IMO, somebody better wake up unless you are OK with large employers moving

Reply to Jersey Devil (Reply #11)

Tue Nov 4, 2025, 12:27 AM

Nov 4

to red states.

If I remember, corporate taxes are roughly 15% of California’s tax revenue. I’d bet — but I don’t know for sure — that the taxes employees pay in those companies is a whole lot more, not to mention taxes generated by those downstream. That funds the best state in America more than corporate taxes.

OP has a good point, does the State want to sacrifice everything wonderful in state for a few percentage points in tax revenue.

Personally, if I were a rich company, I’d move to California and pay twice as much in taxes. That State gets it right and it’s beautiful. Problem is, I’m not sure many get rich thinking like me. I sure didn’t.

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This message was self-deleted by its author [View all] PeaceWave Nov 3 OP

Central government can only create jobs ... Bread and Circuses Nov 3 #1

Remind companies that they will have access to a higher level of employee in blue states EdmondDantes_ Nov 3 #2

This message was self-deleted by its author PeaceWave Nov 3 #5

Depends on how much we make the argument. We have been bad at that in general EdmondDantes_ Nov 3 #8

This message was self-deleted by its author PeaceWave Nov 3 #14

Texass is a gimme state Donman Nov 4 #20

Are you asking in good faith as an issue to attract voters? Frasier Balzov Nov 3 #3

This message was self-deleted by its author PeaceWave Nov 3 #6

Well. Trump is blowing up alternative energy ideas...ones that create a lot of jobs--- OAITW r.2.0 Nov 3 #4

Aren't we kinda beyond all that? leftstreet Nov 3 #7

This message was self-deleted by its author PeaceWave Nov 3 #10

Your suggestion makes sense. When enough corporations leave, someone might wake up. Silent Type Nov 3 #9

Are you recommending Dems run on a promise to lower corporate taxes? Jersey Devil Nov 3 #11

This message was self-deleted by its author PeaceWave Nov 3 #12

He can answer for himself. But IMO, somebody better wake up unless you are OK with large employers moving Silent Type Nov 4 #15

California is now a single sales factor state dannward Nov 4 #17

Are you saying a company HQ in California pays no more state taxes than one located in another state? MichMan Nov 4 #21

As of January 2025, yes. dannward Nov 4 #22

This message was self-deleted by its author PeaceWave Nov 4 #23

Looks like banks were not forced to single sales factor until this year dannward Nov 4 #24

This message was self-deleted by its author PeaceWave Nov 4 #25

Business taxes are passed down to the consumer MichMan Nov 4 #16

Economics, to me, is a battle to create M1 money underpants Nov 3 #13

The California unemployment rate is 5.5 % Johonny Nov 4 #18

Solve the traffic problem in some areas of California Prairie_Seagull Nov 4 #19

First step NeoTrajan Nov 4 #26

The Democratic party has to be in power to do much good! bob4460 Nov 4 #27

This message was self-deleted by its author PeaceWave Nov 4 #28

What an interesting thread. Kingofalldems Nov 4 #29