While I don't disagree that my suggestion is what will happen - in speaking with many founders they cited the egregious tax (it was more than 0.5%) as a reason

While I don't disagree that my suggestion is what will happen - in speaking with many founders they cited the egregious tax (it was more than 0.5%) as a reason for setting up shop outside the city. Which leads me to believe it was impactful - the amount was 3.62%