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.)
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:
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.