Monday, April 28, 2014

The Economy - California

The bleeding and exodus of jobs continues in California. Toyota is moving it's sales and headquarters to Texas. Eventually, Toyota will consolidate 4000 positions in Texas. So why is Toyota moving? To take advantage of lower taxes and regulation. If you make things too expensive or complicated for companies to do business, they will move someplace better. Toyota is not the first to move out from California to Texas. It will not be the last. In fact, Texas has lured thousands of jobs from California and other states across the U.S. Good for Texas!

What do you think?