Post by Joe Lyddon on May 19, 2010 8:56:21 GMT -8
Read what a Calif. Senator says about it!
For the Record
CEO’s rank California as Worst Place to
do Business for 6th Straight Year
Chief Executive Magazine recently conducted its annual survey of CEOs to determine the best and worst places to do business in the United States for 2010.
The results show that California ranked as the worst state in the nation to do business, a distinction it has now held for six straight years.
As I continue to fight to ease the regulatory climate that makes California the worst place in the nation to do business, I thought you might find it interesting to see what some of these executives are saying.
Here’s what one CEO said when responding to the survey:
“California is terrible. Even when we’ve paid their high taxes in full, they still treat every conversation as adversarial. It’s the most difficult state in the nation. We have actually walked away from business rather than deal with the government in Sacramento.”
Bill Dormandy, CEO of ITC, a San Francisco medical device maker said:
“California has a good living environment but is unfavorable to business and the state taxes are not survivable. Nevada and Virginia are encouraging business to move to their states with lower tax rates and less regulatory demands.”
Another CEO replied:
“The leadership of California has done everything in its power to kill manufacturing jobs in this state…As I stated at our annual meeting, if we could grow our crops in Reno, we’d move our plants tomorrow.”
Not surprising, Texas was once again the best place in the nation to do business. Now the 12th largest economy in the world Texas has created 70 percent of the new jobs in the United States since 2008. As one CEO put it, “You feel like (Texas) State government understands the value of business and industry to create jobs and growth.”
As the Vice Chair of the Senate Budget Committee, I know that the only way we’re going to solve California’s economic crisis is through the creation of private sector jobs. I will continue to fight to lift the excessive regulations that are killing good paying jobs by making California such a difficult place to do business.
You can view the entire report here.
Senator Republican Leader-Elect Bob Dutton (R-Rancho Cucamonga) serves as the Republican point person on jobs, budget and energy issues. Mr. Dutton has more than forty years of experience in the private sector and is the founder and owner of a successful Inland Empire business. For more information, please see www.sen.ca.gov/Dutton.
For the Record
CEO’s rank California as Worst Place to
do Business for 6th Straight Year
Chief Executive Magazine recently conducted its annual survey of CEOs to determine the best and worst places to do business in the United States for 2010.
The results show that California ranked as the worst state in the nation to do business, a distinction it has now held for six straight years.
As I continue to fight to ease the regulatory climate that makes California the worst place in the nation to do business, I thought you might find it interesting to see what some of these executives are saying.
Here’s what one CEO said when responding to the survey:
“California is terrible. Even when we’ve paid their high taxes in full, they still treat every conversation as adversarial. It’s the most difficult state in the nation. We have actually walked away from business rather than deal with the government in Sacramento.”
Bill Dormandy, CEO of ITC, a San Francisco medical device maker said:
“California has a good living environment but is unfavorable to business and the state taxes are not survivable. Nevada and Virginia are encouraging business to move to their states with lower tax rates and less regulatory demands.”
Another CEO replied:
“The leadership of California has done everything in its power to kill manufacturing jobs in this state…As I stated at our annual meeting, if we could grow our crops in Reno, we’d move our plants tomorrow.”
Not surprising, Texas was once again the best place in the nation to do business. Now the 12th largest economy in the world Texas has created 70 percent of the new jobs in the United States since 2008. As one CEO put it, “You feel like (Texas) State government understands the value of business and industry to create jobs and growth.”
As the Vice Chair of the Senate Budget Committee, I know that the only way we’re going to solve California’s economic crisis is through the creation of private sector jobs. I will continue to fight to lift the excessive regulations that are killing good paying jobs by making California such a difficult place to do business.
You can view the entire report here.
Senator Republican Leader-Elect Bob Dutton (R-Rancho Cucamonga) serves as the Republican point person on jobs, budget and energy issues. Mr. Dutton has more than forty years of experience in the private sector and is the founder and owner of a successful Inland Empire business. For more information, please see www.sen.ca.gov/Dutton.