Companies are becoming less tolerant of the outrageous taxation from blue states, where progressives are leading the charge. Companies are now moving to common-sense blue states with deals they can’t pass up. It seems we are at a point where companies are done with the heavy taxation to support socialism, which is a proven failed ideology.
The Democrats can no longer assume that money grows on trees and need to quit playing Robin Hood with others’ money. The times are changing, and there will be a point when the blue states will have to offer incentives to bring back the businesses they forced out. All IMO.
https://www.westernjournal.com/starbucks-gets-sick-woke-seattle-expands-republican-led-state/
“But the boon for Tennessee comes as a bust for Washington.
KCPQ-TV, an outlet based in Seattle, reported that Washington could lose as much as $750 million in annual tax revenue from Starbucks planning to expand in Nashville instead.
Adam Sichko of the Puget Sound Business Journal told the outlet that the addition of 2,000 people is one of the five largest job announcements in Nashville history.
“The average salary for these 2,000 jobs is $125,000 a year, which’s well above the median household income,” he said.
“A company makes an initial move and they grow in the second stage and it grows in the third stage and so these companies are certainly mobile and they are flocking to where some of the more affordable business costs are,” Sichko continued, predicting that Starbucks would keep expanding in Nashville.
The decision to grow in Tennessee rather than their home state is likely encouraged by drastic differences in taxes, Ryan Frost of the Washington Policy Center told KCPQ.”