California keeps losing companies and residents, and this piece walks through the latest corporate departure, why executives say they’re leaving, and the broader political and economic fallout that’s pushed businesses toward states like Texas.
‘Doing Business in California Sucks’ — Yet Another Company Flees Gavin Newsom’s Golden State
Digital Brands Group, an apparel and e-commerce company long based in Vernon, announced a move to Round Rock, Texas, joining a steady stream of firms exiting California for lower taxes and simpler regulations. Executives cite rising costs, long commutes, and the legal and regulatory burden as reasons driving their decision to relocate operations and headquarters. That shift is part of a larger trend that has sent billions in income and corporate footprint out of the state.
Local leaders in the destinations getting those businesses are quick to tout the wins, and Texas continues to be the primary beneficiary of this migration. Other states like Florida, Colorado, and Montana have also seen inflows of companies and wealthy residents seeking friendlier economic climates. The result is a rearrangement of jobs, tax revenue, and regional economic momentum away from California.
One clear, unvarnished quote sums up the frustration felt by many CEOs: “Doing business in the state of California sucks,” said Digital Brands Group CEO Hil Davis. That blunt assessment captures a pattern reported by other departing executives, who point to rising expenses and a regulatory environment that makes scaling and defending a business harder. Those complaints align with the tangible outcomes: companies moving headquarters, leasing new space elsewhere, and projecting lower operating costs after the move.
https://x.com/JustTheNews/status/2089363841767403586
Financial flows out of California are already measurable and significant, with Los Angeles County alone seeing large sums leave as taxpayers and filers change residency. The consequences include fewer high-paying jobs inside the state, lower tax receipts, and a diminished pool of tech and retail investments. For communities that relied on those employers, the losses translate into long-term damage to local economies and public services.
Executives who stay often face higher operating bills, legal exposure, and talent retention challenges because of long commutes and high housing costs. “You start to add all those things up,” one CEO said. “It doesn’t work. It doesn’t make sense. It’s too hard.” Those are not abstract complaints; they are concrete reasons for corporate leaders to relocate significant parts of their business infrastructure.
The exodus is not limited to small or medium firms; household-name companies have shifted headquarters or major operations in recent years. Industry giants moving assets and people have amplified headlines and fed political debate over whether state policy choices are chasing commerce away. The departures also feed a narrative used by critics who argue that California’s policy mix is unsustainable if it hopes to retain its economic primacy.
Adding to the uncertainty is a ballot initiative that would impose a one-time five percent wealth assessment on residents with net worth above $1 billion, a proposal that has already influenced wealthy individuals to reconsider residency. That kind of policy can accelerate capital flight and talent relocation, reinforcing the exodus trend if enacted. Business leaders see such measures as signals about the long-term direction of state governance and fiscal priorities.
Public reaction in California is mixed, but the factual record of relocations and taxable income shifting out of state is plain. Communities that lose employers must reckon with gaps in employment and tax bases, while recipient states gain growth, jobs, and investment. The political implications extend beyond state lines as leaders position themselves for national prominence and voters weigh the consequences.
The debate over causes and cures is fierce: policymakers who favor more regulation argue for social and environmental goals, while opponents say those policies undercut competitiveness and drive people away. The practical result, though, is that firms and wealthy residents vote with their feet when the cost-benefit calculation no longer favors staying. That movement reshapes regional dynamics in measurable ways.
The story of Digital Brands Group is one more data point in a long list of departures that have changed corporate America’s map. Industry observers will keep watching whether California’s leaders adjust course to retain businesses or double down on policies that critics say accelerate the exodus. Either way, the economic shifts already underway are real and will influence where companies choose to locate in the years to come.
California companies continue to head for the exits.
Digital Brand Group CEO Hil Davis is relocating the apparel and e-commerce company’s headquarters from California to Round Rock, Texas, citing the state’s high costs, employee commutes and increasingly difficult business environment.
“Doing business in the state of California sucks,” Davis told Fox News.
Los Angeles County also led the nation in taxpayer losses, with nearly $1.9 billion in income leaving the county as thousands of filers moved to other states.
We can now add Valero to the growing list of major companies fleeing California, taking well over $1.6 trillion of revenue with them. Great job Newsom!
• AECOM
• Align Technology, Inc.
• Amazing Magnets, LLC
• Amgen Inc.
• Anduril
• Anheuser-Busch
• Bed Bath & Beyond
• Blaze Pizza
• CBRE Group, Inc.
• Charles Schwab Corp.
• Chevron
• Digital Realty Trust, Inc.
• Dropbox
• FICO
• First Foundation Inc.
• Forever 21
• Hewlett Packard Enterprise (HPE)
• HomeLight
• In-N-Out Burger
• Lucas Oil
• McAfee
• McKesson Corporation
• Neutrogena (Johnson & Johnson)
• Oracle
• Pabst Brewing Company
• Palantir Technologies
• Realtor dot com
• Ruiz Foods
• Sendoso
• Skillz
• Snowflake
• SpaceX
• Symantec
• Tesla
• Unical Aviation, Inc.
• Valero
• Viavi Solutions Inc.
• X (formerly Twitter)
• ZP Better Together Unical Aviation
Editor’s Note: Gavin Newsom wants to turn America into one big version of California – a failed, overtaxed, dystopian nightmare.
This web site is really a walk-through for all of the info you wanted about this and didn’t know who to ask. Glimpse here, and you’ll definitely discover it.
Thanks a bunch for sharing this with all of us you actually know what you’re talking about! Bookmarked. Kindly also visit my website =). We could have a link exchange arrangement between us!
You made some decent factors there. I looked on the internet for the issue and found most individuals will go together with together with your website.
I loved as much as you’ll receive carried out right here. The sketch is tasteful, your authored subject matter stylish. nonetheless, you command get got an nervousness over that you wish be delivering the following. unwell unquestionably come further formerly again since exactly the same nearly very often inside case you shield this hike.
Magnificent web site. Lots of helpful information here. I am sending it to some friends ans also sharing in delicious. And of course, thanks to your sweat!
It’s really a great and useful piece of information. I am glad that you shared this useful info with us. Please keep us up to date like this. Thanks for sharing.
순천출장마사지 타임케어 – 순천출장홈타이와 순천출장안마 순천홈타이 서비스를 전국 어디서나 24시간 편하게! 전문 마사지사의 맞춤 홈케어로 피로를 빠르게 해소
You are my intake, I possess few web logs and sometimes run out from to post .
Having read this I thought it was very informative. I appreciate you taking the time and effort to put this article together. I once again find myself spending way to much time both reading and commenting. But so what, it was still worth it!
I don’t ordinarily comment but I gotta admit thanks for the post on this perfect one :D.
Hello There. I discovered your weblog the usage of msn. This is a really well written article. I will be sure to bookmark it and come back to read more of your helpful info. Thanks for the post. I’ll certainly return.
팔팔정의 성분과 효과, 50mg·100mg 차이, 복용 시간과 부작용을 확인하세요. 처방 및 가격 확인 방법, 함께 복용하면 안 되는 약, 자주 묻는 질문까지 안내합니다.
팔팔정의 성분과 효과, 50mg·100mg 차이, 복용 시간과 부작용을 확인하세요. 처방 및 가격 확인 방법, 함께 복용하면 안 되는 약, 자주 묻는 질문까지 안내합니다.
Unquestionably imagine that that you stated. Your favorite justification appeared to be on the web the simplest thing to remember of. I say to you, I certainly get annoyed at the same time as other folks think about issues that they plainly do not understand about. You managed to hit the nail upon the top and also outlined out the entire thing with no need side effect , other folks can take a signal. Will likely be back to get more. Thanks
You are my inspiration , I own few web logs and often run out from to post .
I conceive this website holds some really good information for everyone :D. “The public will believe anything, so long as it is not founded on truth.” by Edith Sitwell.
강릉출장안마로 장거리 출장이나 여행의 피로를 풀어보세요. 강릉 전 지역 어디든 찾아가는 전문 아로마 마사지·스포츠 마사지 서비스를 제공합니다. 비즈니스 출장객, 관광객, 강릉 지역 주민 모두 편리하게 이용할 수 있는 강릉출장안마 서비스입니다. 지금 문의하세요.
강릉출장안마로 장거리 출장이나 여행의 피로를 풀어보세요. 강릉 전 지역 어디든 찾아가는 전문 아로마 마사지·스포츠 마사지 서비스를 제공합니다. 비즈니스 출장객, 관광객, 강릉 지역 주민 모두 편리하게 이용할 수 있는 강릉출장안마 서비스입니다. 지금 문의하세요.
As I website possessor I conceive the subject material here is really superb, thanks for your efforts.
인천출장마사지 인천출장안마 셀럽의 코스별 가격과 현장 결제, 예약 방법을 확인하세요. 송도·청라·부평·구월동·영종 등 지역별 방문 가능 여부와 예상 도착 시간, 자택·호텔 이용 안내를 제공합니다.
제주출장마사지 셀럽의 코스와 가격, 방문 예약 방법을 확인하세요. 제주시·서귀포시·애월·중문 등 지역별 상담과 숙소 출입, 예상 도착 시간, 제주출장안마 현장 결제 기준을 안내합니다.
Great beat ! I would like to apprentice while you amend your web site, how could i subscribe for a weblog website? The account helped me a appropriate deal. I have been tiny bit familiar of this your broadcast provided shiny transparent idea
Hello! I know this is kind of off topic but I was wondering if you knew where I could get a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having trouble finding one? Thanks a lot!
Hello! I’m at work browsing your blog from my new iphone 3gs! Just wanted to say I love reading through your blog and look forward to all your posts! Keep up the excellent work!
I love your blog.. very nice colors & theme. Did you create this website yourself? Plz reply back as I’m looking to create my own blog and would like to know wheere u got this from. thanks
Some really interesting information, well written and generally user pleasant.
You have mentioned very interesting points! ps decent internet site. “Become addicted to constant and never-ending self improvement.” by Anthony D’Angelo.
Lovely site! I am loving it!! Will be back later to read some more. I am taking your feeds also
Thank you for another wonderful article. The place else may just anyone get that type of info in such an ideal manner of writing? I have a presentation subsequent week, and I am at the search for such info.
F*ckin’ remarkable things here. I’m very glad to see your article. Thanks a lot and i’m looking forward to contact you. Will you please drop me a mail?
It is actually a great and useful piece of info. I am glad that you shared this helpful info with us. Please keep us up to date like this. Thank you for sharing.
I have learn several good stuff here. Certainly worth bookmarking for revisiting. I wonder how so much effort you set to make this type of excellent informative site.
I truly appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You’ve made my day! Thank you again
Good write-up, I am regular visitor of one’s web site, maintain up the nice operate, and It is going to be a regular visitor for a lengthy time.
강남구구단 방문을 준비하고 있다면 가격 구성, 이용 방식, 예약 절차와 위치 확인사항을 살펴보세요. 인원·시간에 따른 상담 항목과 자주 묻는 질문을 한곳에 정리했습니다.
Wonderful paintings! That is the kind of information that are supposed to be shared across the net. Shame on the search engines for not positioning this submit upper! Come on over and seek advice from my site . Thank you =)
I have been exploring for a little bit for any high quality articles or blog posts on this sort of space . Exploring in Yahoo I eventually stumbled upon this web site. Studying this info So i’m glad to exhibit that I’ve an incredibly just right uncanny feeling I discovered just what I needed. I so much undoubtedly will make sure to don’t overlook this web site and give it a look on a constant basis.
This website is my inspiration , rattling fantastic style and perfect written content.
Definitely believe that which you said. Your favorite justification seemed to be on the internet the easiest thing to be aware of. I say to you, I certainly get annoyed while people think about worries that they plainly do not know about. You managed to hit the nail upon the top and defined out the whole thing without having side effect , people could take a signal. Will probably be back to get more. Thanks
Some genuinely nice and useful info on this website , too I conceive the design holds fantastic features.
The other day, while I was at work, my sister stole my apple ipad and tested to see if it can survive a forty foot drop, just so she can be a youtube sensation. My iPad is now destroyed and she has 83 views. I know this is entirely off topic but I had to share it with someone!
I got what you intend,saved to bookmarks, very nice web site.
Appreciate it for helping out, wonderful info. “It does not do to dwell on dreams and forget to live.” by J. K. Rowling.
I think this is one of the most significant info for me. And i am glad reading your article. But wanna remark on few general things, The web site style is great, the articles is really great :D. Good job, cheers
I discovered your blog site on google and test just a few of your early posts. Continue to maintain up the excellent operate. I simply additional up your RSS feed to my MSN News Reader. Looking for ahead to studying more from you later on!…
I simply couldn’t depart your site prior to suggesting that I extremely enjoyed the usual info an individual provide to your visitors? Is gonna be again steadily to check up on new posts.
Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to use some with the content on my blog whether you don’t mind. Natually I’ll give you a link on your web blog. Thanks for sharing.
I like this website because so much utile material on here :D.
I like what you guys are up also. Such clever work and reporting! Keep up the excellent works guys I have incorporated you guys to my blogroll. I think it will improve the value of my web site 🙂
I am happy that I observed this blog, exactly the right info that I was looking for! .
I like what you guys are up too. Such clever work and reporting! Carry on the excellent works guys I have incorporated you guys to my blogroll. I think it will improve the value of my web site 🙂
I really enjoy studying on this site, it has got excellent posts. “One doesn’t discover new lands without consenting to lose sight of the shore for a very long time.” by Andre Gide.
Hello, i think that i saw you visited my site thus i got here to “go back the favor”.I’m trying to in finding things to enhance my site!I suppose its good enough to make use of some of your concepts!!
Wow that was strange. I just wrote an incredibly long comment but after I clicked submit my comment didn’t appear. Grrrr… well I’m not writing all that over again. Anyways, just wanted to say wonderful blog!
Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to use some with the content on my blog whether you don’t mind. Natually I’ll give you a link on your web blog. Thanks for sharing.
Good info. Lucky me I reach on your website by accident, I bookmarked it.
Hello There. I found your blog using msn. That is a really smartly written article. I will be sure to bookmark it and return to read more of your helpful info. Thank you for the post. I will definitely return.
It is in point of fact a great and helpful piece of info. I’m happy that you just shared this helpful info with us. Please stay us informed like this. Thanks for sharing.
I think this site has some real excellent information for everyone. “It is easy enough to define what the Commonwealth is not. Indeed this is quite a popular pastime.” by Elizabeth II.
Good post. I study something more challenging on totally different blogs everyday. It’s going to always be stimulating to read content material from different writers and observe a bit of something from their store. I’d prefer to use some with the content material on my weblog whether you don’t mind. Natually I’ll give you a link in your internet blog. Thanks for sharing.
Wow, incredible blog format! How lengthy have you been blogging for? you make blogging glance easy. The total look of your website is fantastic, as neatly as the content material!
I truly appreciate this post. I’ve been looking all over for this! Thank goodness I found it on Bing. You’ve made my day! Thanks again
Im now not positive where you are getting your information, but good topic. I must spend some time learning more or understanding more. Thank you for wonderful information I was searching for this information for my mission.
I just couldn’t depart your website before suggesting that I extremely enjoyed the standard information a person provide for your visitors? Is gonna be back often in order to check up on new posts
You really make it seem so easy with your presentation but I find this matter to be actually something which I think I would never understand. It seems too complex and extremely broad for me. I am looking forward for your next post, I’ll try to get the hang of it!
Great post. I was checking continuously this blog and I’m inspired! Extremely helpful information specially the final part 🙂 I care for such info much. I used to be looking for this particular information for a long time. Thanks and good luck.
Dead composed content material, regards for entropy.
I’d always want to be update on new articles on this internet site, saved to fav! .
In the awesome design of things you’ll receive a B+ just for effort and hard work. Exactly where you lost me personally was in all the particulars. As people say, details make or break the argument.. And that couldn’t be much more true right here. Having said that, let me reveal to you precisely what did deliver the results. Your writing is definitely quite powerful which is most likely the reason why I am making the effort in order to opine. I do not really make it a regular habit of doing that. Second, whilst I can notice the leaps in logic you come up with, I am not necessarily convinced of how you seem to unite the ideas which help to make the conclusion. For the moment I shall subscribe to your point but trust in the foreseeable future you link the facts better.
Thank you for another wonderful article. The place else may just anyone get that type of information in such an ideal way of writing? I have a presentation subsequent week, and I’m on the search for such info.
Very nice post. I simply stumbled upon your weblog and wished to mention that I’ve truly enjoyed browsing your weblog posts. After all I’ll be subscribing to your feed and I’m hoping you write again soon!
I saw a lot of website but I conceive this one contains something special in it in it
Hi my family member! I wish to say that this post is amazing, nice written and include almost all vital infos. I would like to look extra posts like this .
I think other web site proprietors should take this website as an model, very clean and wonderful user genial style and design, let alone the content. You are an expert in this topic!
I’m impressed, I have to say. Really hardly ever do I encounter a weblog that’s each educative and entertaining, and let me let you know, you could have hit the nail on the head. Your concept is outstanding; the difficulty is something that not enough persons are speaking intelligently about. I’m very pleased that I stumbled throughout this in my seek for something regarding this.
Regards for all your efforts that you have put in this. very interesting information.
This site can be a walk-by means of for the entire information you needed about this and didn’t know who to ask. Glimpse here, and you’ll positively discover it.
As I website possessor I believe the content material here is rattling wonderful , appreciate it for your efforts. You should keep it up forever! Good Luck.
I appreciate, cause I found exactly what I was looking for. You have ended my 4 day long hunt! God Bless you man. Have a nice day. Bye