Understand that the Dems won’t rectify this injustice because it’s the right thing to do. They will fix it because doing so is just good politics — particularly since the Dem Party has many supporters in this industry — both start-ups and established companies.

Thank you Claude, Im still chuckling 😉

One old saw is that “a conservative often is a liberal who’s been mugged.” Well, for these start-up folks, it was more like they had been raped. Say “hello” to rapacious California.

The lesson is clear — at least for many. Start-up businesses are a crap shoot, hoping to hit it big. Taking big risks only to have the state come in and grab huge chunk of the profits — CHANGING the rules — is unacceptable.

California has nothing but disdain for business owners — large or small. First we got Prop 30, and now this amazing FTB ruling.

From a number of the posters on the board, it became apparent that they many have concluded that the best answer is, from this point forward, found your start-ups in states that VALUE your effort — NOT California.

There are a number of tech centers around the nation that provide the infrastructure, atmosphere and employees needed by such companies. These states actually ENCOURAGE this economic effort — or at least don’t stand (too much) in the way.

California politicians often give lip service to the “Silicon Valley” success, but the state’s crushing tax, regulatory and litigation burden has become too much to bear for many our brightest young business people.

California has become the engine of prosperity — for the other 49 states.