Study: CA cost of doing business high

Study: CA cost of doing business high

Yet another study shows that the cost of doing business in California is much higher than in other states. This one is by Andrew Chang & Company for the California Chamber of Commerce. They provide some useful graphs.

1. “California compares poorly in national rankings to other states in the issues of business friendliness and taxes, legal, energy and labor costs.” In the chart, the higher number is worse. California ranks 41st, or even worse, on key factors:

Chamber 1

2. California’s cost of doing business is 5 to 33 percent higher than in other states on average:

chamber 2

3. Silicon Valley remains the key place in the world for the premier information companies. But not every company is at the level of Apple, Google or Facebook. For everyday computer companies, the cost of working here takes its toll:

chamber 3

2 comments

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  1. Ronald Stein
    Ronald Stein 18 August, 2014, 13:59

    Extra costs resulting from government actions on businesses are a slight inconvenience to those making the big bucks. Those behind the over regulations, over taxation, and uncontrollable “fees” on businesses are mostly the highly compensated, and most with sweet defined retirement benefit packages waiting for them upon retirement, i.e., those that CAN afford the higher costs that trickle down to all citizens for products and services.

    Those that earn less than $20 per hour, which includes virtually all those in the food and hospitality industries, are the ones that can least afford higher costs for power, transportation fuels, and food. There is minimal impact to those that can afford the results of our relentless business unfriendly efforts, but little hope for those that barely exist at today’s cost of living.

    The method to counteract the ever increasing costs to the financially challenged, from the costs of over regulations, over taxation, and uncontrollable fees on businesses that trickle down to the pocket books of the financially challenged, is to raise the minimum wage for the financially challenged. BUT WAIT….is this a camouflaged Ponzi scheme, or just a way to buy votes from the financially challenged?

    Reply this comment
  2. Ulysses Uhaul
    Ulysses Uhaul 18 August, 2014, 17:24

    We are all over this…..great for doomer moving postcard mailers!

    Reply this comment

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