California can tax businesses for up to 10 years after relocating, do you agree with this?

[BrothaZay]

picture hosting

 

[rightfultoefinger]

Good.

 

[Wig Twistin Season]

 

[BrothaZay]

Good.

Why do you say good?

 

[Luke Cage]

They can try,

 

[Maximus Rex]

Why do you say good?

You have to be making over $30 million a year and it's only a one time tax for 0.4%

 

[Big Blue]

I think the stipulations make sense. It's not a blanket thing.

 

[Buckeye Fever]

Extortion is the Cali way

 

[BrothaZay]

You have to be making over $30 million a year and it's only a one time tax for 0.4%

This is about businesses

 

[ORDER_66]

WOW

 

[Water]

Doesnt america do the same thing if you move to a new country?

 

[Wiseborn]

This is foul and will encourage more companies to relocate.

 

[BrothaZay]

This is foul and will encourage more companies to relocate.

How is it foul?

 

[Maximus Rex]

This is about businesses

Yea, your business made you over $30m a year

 

[The_Sheff]

This is foul and will encourage more companies to relocate.

They start in California for a reason. Not right for them to start there, exploit the resources as much as possible and then run off to Texas, Delaware, or some deep red state when it’s time for profits to roll in.