Economy Disinformation
False Claim: ‘California doesn’t make things any more’
California is the largest manufacturing state — 14.5% of U.S. manufacturing GDP comes from California.
No, California does NOT have the highest taxes of any state
California is one of the most equitable tax systems in the entire country
No, California is NOT unfriendly to business
California is home to the most Fortune 500 companies, and the most Inc 5000 companies, and #1 for new business starts, #1 for access to venture capital funding.
No, the $20 minimum wage for fast food workers did not damage the industry
Fast food employment increased for the first four months of the new minimum wage law going into effect.
No, Businesses are NOT fleeing California.
California has repeatedly, year over year, created substantially more new businesses than both Florida & Texas.