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myths

Public Sector Employment in California: Myths and Facts

by: wschafer

Mon Aug 16, 2010 at 15:21:10 PM PDT

There's More... :: (1 Comments, 532 words in story)

Tracking Republican Myth That Business Are Leaving Because Of Taxes

by: davej

Thu Jul 16, 2009 at 21:24:06 PM PDT

This post originally appeared at Speak Out California.

I looked around and found that "businesses are leaving the state because of taxes" is one of those drumbeats that the corporate conservatives are using.  (Also, FYI the wealthy are leaving, too, parking their yachts in Salt Lake I guess.)

I wrote about this myth the other day, basically you pay taxes on profits and you certainly don't pack up and leave profits behind.  I wrote,

Oh, one more thing for the slower-thinking Republicans out there: profits are a good thing, not a bad thing.  And when you are making a profit the last thing you do is pack up your business and leave behind the circumstances that enabled making that profit.

So I looked around for "businesses are leaving the state" articles.  Here are a few:
There's More... :: (2 Comments, 581 words in story)

Republican Myth: Businesses Leave CA Because Of Taxes

by: davej

Tue Jul 14, 2009 at 13:50:56 PM PDT

This post originally appeared at Speak Out California

Republicans like to claim that businesses leave California because of having to pay taxes.

I used to own and run a business, and I have some news for Republicans:  Businesses only pay taxes on profits.  You don't pay taxes unless you are making a profit.  Paying taxes means you are making a profit.  Making a profit is a good thing, and California businesses pay a small percentage of the profits to the state to help cover the expenses that enabled you to make that profit.

There's More... :: (1 Comments, 227 words in story)
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