“The mayor of Los Angeles has declared a ‘state of emergency’. Hollywood’s movie industry is being ceded to other states and countries whose favorable tax ‘credits’ are increasingly luring away movie and television production. As competition both in the US and abroad continues to grow, the state’s market share and longtime stronghold on production jobs and spending are fast evaporating. The main problem is taxes. California’s government has so destroyed the state that its only option to keep afloat is a continued rise in taxes. In response, people with money have been fleeing the state for other states. New York and California have lost the most in the last decade.”
http://dollarvigilante.com/blog/2013/8/29/fleeing-oppression.html (archived link)
