California Dreamin’ is Over: Two Dozen Companies Commit to Leaving Cali

Published on June 21, 2013

SACRAMENTO, Calif. (KCRA) —Two dozen California companies have said they are tired of the business-bashing in Sacramento, along with the high taxes — and they are now threatening to leave the state.

The day after Proposition 30 passed, triggering $6 billion in new annual taxes, Arizona launched a campaign to lure some of California’s top companies.

KCRA 3 has learned that 24 chief executives are flying to Phoenix, Ariz., to explore the land of lower taxes and a much friendlier business environment.

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