5 ms·

I think businesses should move away from NY, CA and other states to states where it is easy to do business.

blamazon 4y ago
So, you think businesses should move away from the largest single-point concentrations of customers and workers? Something like 20% of all the humans in USA are represented by those two little acronyms NY and CA. 'easy to do business' isn't just about regulations. It's often about fishing where fish are. Tangentially related to differences in regulation between states, but interestingly Oklahoma has a nearly ironclad ban on noncompete agreements for workers. Has some fascinating effects for attracting skilled labor there. I know welders, mechanics, electricians, etc based in OK that are at the top of their game nationally and earn mind blowing salaries hopping from contract to contract, like sports players. Usually unionized as well, so reasonable work-life balance to boot.
- mathgladiator 4y ago
  > So, you think businesses should move away from the largest single-point concentrations of customers and workers? Something like 20% of all the humans in USA are represented by those two little acronyms NY and CA. Yes. At a certain point, it's just not worth it. Atlas Shrugged makes the case that competent people are not slaves and they can just stop.
  - blamazon 4y ago
    The GDP and other economic statistics of NY and CA (also about 20% of whole country) suggests to me we have not reached that point yet. They are operating on the world stage economically which suggests it continues to make sense to do business there. But, if all the people objecting to the regulations that make life better in those states want to go away, all the better for the remainers in my eyes I think. We'll see which US megaregions are still economically and culturally dominant in 50 years, and I suspect it's going to still largely be CA and NY, complaints of libertarians aside. Granted, I think the northeast megalopolis will eventually extend downwards to Atlanta and even Florida via high speed passenger rail eventually and knit together the whole east coast as a megabloc, which raises interesting questions about how that entity will federate given the differing cultural ideas at present.
- larossmann 4y ago
  > So, you think businesses should move away from the largest single-point concentrations of customers and workers? Something like 20% of all the humans in USA are represented by those two little acronyms NY and CA. You are correct in that you need to fish where fish are. Conversely, this sounds too close to staying with the abusive partner because they're hot. At some point, the abusive partner needs that prompt to change their behavior, and that does mean leaving them, even if they are hot.
Cipater 4y ago
Companies are headquartered in states like NY and California for a reason.
theshrike79 4y ago
Just move them to Delaware, no need to worry about anything because you can hide your ownership in a structure so complex they'll never figure out who to tax!
dev-3892 4y ago
i can't hear 'easy to do business' and not also hear 'i wish i could just sell poison apples to people without all this government getting in my way'. regulation is what makes a market trustworthy. a trustworthy market is an efficient market.
- protastus 4y ago
  Tax code reform (simplification) is completely orthogonal to public safety.
  - blamazon 4y ago
    Best not to simplify NY tax code too much, lest ye remove this little ditty: > The Excelsior Jobs Tax Credit: A credit of 6.85 percent of wages per new job. It's 7.5 percent for 'green' companies.

So, you think businesses should move away from the largest single-point concentrations of customers and workers? Something like 20% of all the humans in USA are represented by those two little acronyms NY and CA. 'easy to do business' isn't just about regulations. It's often about fishing where fish are. Tangentially related to differences in regulation between states, but interestingly Oklahoma has a nearly ironclad ban on noncompete agreements for workers. Has some fascinating effects for attracting skilled labor there. I know welders, mechanics, electricians, etc based in OK that are at the top of their game nationally and earn mind blowing salaries hopping from contract to contract, like sports players. Usually unionized as well, so reasonable work-life balance to boot.

mathgladiator 4y ago
> So, you think businesses should move away from the largest single-point concentrations of customers and workers? Something like 20% of all the humans in USA are represented by those two little acronyms NY and CA. Yes. At a certain point, it's just not worth it. Atlas Shrugged makes the case that competent people are not slaves and they can just stop.
- blamazon 4y ago
  The GDP and other economic statistics of NY and CA (also about 20% of whole country) suggests to me we have not reached that point yet. They are operating on the world stage economically which suggests it continues to make sense to do business there. But, if all the people objecting to the regulations that make life better in those states want to go away, all the better for the remainers in my eyes I think. We'll see which US megaregions are still economically and culturally dominant in 50 years, and I suspect it's going to still largely be CA and NY, complaints of libertarians aside. Granted, I think the northeast megalopolis will eventually extend downwards to Atlanta and even Florida via high speed passenger rail eventually and knit together the whole east coast as a megabloc, which raises interesting questions about how that entity will federate given the differing cultural ideas at present.
larossmann 4y ago
> So, you think businesses should move away from the largest single-point concentrations of customers and workers? Something like 20% of all the humans in USA are represented by those two little acronyms NY and CA. You are correct in that you need to fish where fish are. Conversely, this sounds too close to staying with the abusive partner because they're hot. At some point, the abusive partner needs that prompt to change their behavior, and that does mean leaving them, even if they are hot.

Cipater 4y ago

Companies are headquartered in states like NY and California for a reason.

theshrike79 4y ago

Just move them to Delaware, no need to worry about anything because you can hide your ownership in a structure so complex they'll never figure out who to tax!

dev-3892 4y ago

i can't hear 'easy to do business' and not also hear 'i wish i could just sell poison apples to people without all this government getting in my way'. regulation is what makes a market trustworthy. a trustworthy market is an efficient market.

protastus 4y ago
Tax code reform (simplification) is completely orthogonal to public safety.
- blamazon 4y ago
  Best not to simplify NY tax code too much, lest ye remove this little ditty: > The Excelsior Jobs Tax Credit: A credit of 6.85 percent of wages per new job. It's 7.5 percent for 'green' companies.