No Wonder Why People and Businesses Are Dumping California

A recent study by the Cato Institute, the libertarian think tank, ranked California 48th out of the 50 states in personal and economic freedom. The study also examines fiscal policy and regulatory policy. For the first time, California’s population decreased last year, resulting in the loss of a congressional seat.

[Here’s why: as] of the end of 2021, a publicly held company headquartered in California must have between one and three female board members, depending upon its size, or face a fine of $100,000. Proponents insist that female membership on boards of directors increases profits. One wonders why companies do not simply sack their male members in favor of an all-female board. . .

In October, California Gov. Gavin Newsom, to continue the fight against “climate change,” signed a bill to eliminate gasoline powered lawn mowers and leaf blowers. Never mind that a spokesperson for the National Association of Landscape Professionals said a three-person landscaping crew will need to carry 30 to 40 fully charged batteries to power its equipment during a full day’s work. . .

Then there’s the new law requiring large toy stores to set up “gender neutral” toy sections. Evan Low, the California Democratic Assemblyman who co-authored the bill said: “We need to stop stigmatizing what’s acceptable for certain genders and just let kids be kids. My hope is this bill encourages more businesses across California and the U.S. to avoid reinforcing harmful and outdated stereotypes”. . .

In a population of almost 40 million Californians, 1% of taxpayers account for nearly half of the state’s income tax revenues. And Musk, the biggest of the one-percenters, just walked. (Read more from “No Wonder Why People and Businesses Are Dumping California” HERE)

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