No, California is NOT unfriendly to business
Claim
Fact
For the first time in a decade, California is home to the most Fortune 500 companies.
- In addition to being home to the most Fortune 500s, California is also home to the most Inc 5000 companies, which highlights companies with the highest percentage revenue growth over a three year period.
- The Golden State is also #1 for new business starts, and #1 for access to venture capital funding.
More Lies ...
No, Businesses are NOT fleeing California.
California has repeatedly, year over year, created substantially more new businesses than both Florida & Texas.
No, the $20 minimum wage for fast food workers did not damage the industry
Fast food employment increased for the first two months of the new minimum wage law going into effect.
No, California does NOT have the highest taxes of any state
California is one of the most equitable tax systems in the entire country