"Arizona's income tax is a 2.5% flat tax. Compare that to Mexifornia's top tax rate of 13.3% max tax rate, and just about all deductions have been eliminated, like long-term capital gains (selling stocks, selling your home, etc.)." Reader comment
Another billion-dollar business is ditching California.
KB Home announced it’s packing up its Los Angeles headquarters and heading to Tempe, Arizona — the latest corporate exit from the Golden State.
The move to the Phoenix suburb is set to kick off in spring 2027, with the company planting its flag at Hayden Ferry Lakeside near Tempe Town Lake — just minutes from the airport and smack in the middle of the booming Valley." . . .
. . . "Still, it joins a growing list of companies heading for the exits.
"Realtor.com, Public Storage and Yamaha Motor Corporation have all expressed plans to move operations out of California — a trend that’s raising fresh questions about the state’s business climate." . . .More...
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