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Silent Type

(12,412 posts)

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

Tue Nov 4, 2025, 12:27 AM

Nov 2025

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 2025 OP

Central government can only create jobs ... Bread and Circuses Nov 2025 #1

Remind companies that they will have access to a higher level of employee in blue states EdmondDantes_ Nov 2025 #2

This message was self-deleted by its author PeaceWave Nov 2025 #5

Depends on how much we make the argument. We have been bad at that in general EdmondDantes_ Nov 2025 #8

This message was self-deleted by its author PeaceWave Nov 2025 #14

Texass is a gimme state Donman Nov 2025 #20

Are you asking in good faith as an issue to attract voters? Frasier Balzov Nov 2025 #3

This message was self-deleted by its author PeaceWave Nov 2025 #6

Well. Trump is blowing up alternative energy ideas...ones that create a lot of jobs--- OAITW r.2.0 Nov 2025 #4

Aren't we kinda beyond all that? leftstreet Nov 2025 #7

This message was self-deleted by its author PeaceWave Nov 2025 #10

Your suggestion makes sense. When enough corporations leave, someone might wake up. Silent Type Nov 2025 #9

Are you recommending Dems run on a promise to lower corporate taxes? Jersey Devil Nov 2025 #11

This message was self-deleted by its author PeaceWave Nov 2025 #12

He can answer for himself. But IMO, somebody better wake up unless you are OK with large employers moving Silent Type Nov 2025 #15

California is now a single sales factor state dannward Nov 2025 #17

Are you saying a company HQ in California pays no more state taxes than one located in another state? MichMan Nov 2025 #21

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

This message was self-deleted by its author PeaceWave Nov 2025 #23

Looks like banks were not forced to single sales factor until this year dannward Nov 2025 #24

This message was self-deleted by its author PeaceWave Nov 2025 #25

Business taxes are passed down to the consumer MichMan Nov 2025 #16

Economics, to me, is a battle to create M1 money underpants Nov 2025 #13

The California unemployment rate is 5.5 % Johonny Nov 2025 #18

Solve the traffic problem in some areas of California Prairie_Seagull Nov 2025 #19

First step NeoTrajan Nov 2025 #26

The Democratic party has to be in power to do much good! bob4460 Nov 2025 #27

This message was self-deleted by its author PeaceWave Nov 2025 #28

What an interesting thread. Kingofalldems Nov 2025 #29