Comments on: Another company splits anti-biz CA for TX

By: Dan Lombard

Dan Lombard — Thu, 27 Jun 2013 04:53:34 +0000

Nice try Steve. Of course they wont disparage California, who would say bad things about a client? With respect to taxes, it ain’t the corporate taxes in question, and years of corporate carry forwards do nothing for the 15% personal income tax the top execs will pay on their salaries. California has a rotten government and wont be too much longer before it bites us all in the ass.

By: stolson

stolson — Thu, 27 Jun 2013 00:53:24 +0000

Being in legal research arena here and internat’l, leaders report it is more difficult for small to mid size firms in CA to survive. With tough regulations, high costs for start ups and expansions, plus a changing social environment as to morals and educational attainment (not Silicon), plus a state that appears indifferent or even hostile to these employers–no wonder they consider a change of venue. It can start out as just 10 employees being moved to a small office out of state. Testing the waters.

By: Steve

Steve — Thu, 27 Jun 2013 00:49:27 +0000

Sorry John, just saw the update with the correction. Thanks

By: Steve

Steve — Thu, 27 Jun 2013 00:46:23 +0000

OddThat: If GAF is closing its Fresno plant and shedding jobs because of burdensome regulations or high taxes, then Seiler should write a blog post on that. Still doesn’t mean there’s an alarming trend, but at least the post would have some merit. It would be a contribution to a debate. But this is completely intellectually dishonest and damages not only Seiler’s credibility, but the credibility of CalWatchdog.

By: Excalifornian

Excalifornian — Thu, 27 Jun 2013 00:07:55 +0000

The key word is opportunity.

By: OddThat

OddThat — Wed, 26 Jun 2013 22:18:12 +0000

Steve, what you say about Daegis might be true but, there is no doubt that GAF is closing its Fresno plant. They will begin laying people off next month, through October. A loss of 60 jobs.

By: Hondo

Hondo — Wed, 26 Jun 2013 21:51:16 +0000

Kalifornia, the greatest state in the USSA to be unemployed.
Hondo…

By: Steve

Steve — Wed, 26 Jun 2013 21:14:17 +0000

How about, for once, reporting with just a shred of honesty? First of all, the company isn’t relocating to Texas. It’s opening an HQ office there, which some of its execs will move to. In total, that represents about 10 jobs. The company’s other employees will stay in Roseville. Second, a Sac Biz Journal report makes abundantly clear that the reason for this move has nothing to do with taxes or regulation. Finally, the reason it’s easier to find talent in Texas isn’t because there isn’t talent in CA. It’s because they have to compete with Silicon Valley, the tech capitol of the world.

Are you so desperate to push an agenda that you willingly mislead or is this just extremely lazy reporting?

From Sac Biz Journal:
Daegis (NASDAQ: DAEG) has offices in New York, San Francisco and Roseville, and Dallas was considered to be a more central location, Thornton said. The company also considers Dallas an easier market in which to find developer talent, which is difficult in Roseville because it means competing with Silicon Valley for talent.

The move is not a tax-driven relocation. The company is a Delaware corporation and has years worth of tax loss to carry forward.

By: Greg Schmidt

Greg Schmidt — Wed, 26 Jun 2013 20:24:49 +0000

If I wasn’t so close to retirement, I would move my company out of this mess of a state. My son may make that decision to move, anyway.