how did two of the most repressive high tax and regulation states NY and California end up nearly cornering the financial, tech, and entertainment industries?
Wouldn’t just about ANY where else be more profitable to do business?
California wasn’t like that at all when we left in 1974.
how did two of the most repressive high tax and regulation states NY and California end up nearly cornering the financial, tech, and entertainment industries?
Wouldn’t just about ANY where else be more profitable to do business?>>> don’t know but these guys basically allowed new york to compete with philly with cheap PA coal.
link here and yes they did build that not the government
http://www.canalmuseum.org/
Don't know about New York, but there are a bunch of reasons for California, in spite of the leftist politicians. In the SF Bay Area, abundance of university talent with ties to top-tier tech companies, great weather, an existing financial center, a port with access to the Pacific Rim and Asia for goods and people, interstate connections to the rest of the USA, not to mention fresh farm food. As I said, in spite of the leftist politicians (who may yet kill the golden goose).
The repressive high taxation and regulation came about because “they could afford it.” It’s finally reaching the point that they can’t.
Nope. California has water. People like water. New York has the desireable law makers. Taxes do not create prosperity.
Prosperity is innate in CA & NY. Taxes suck the performance out of prosperity. The golden goose keeps giving.