#50 California


#50 in Taxation and Regulation

#35 in Workforce Quality

#26 in Living Environment

Right to Work?

Regional Profile – West

STATE
OVERALL REGIONAL RANK
TAXATION & REGULATION REGIONAL RANK
WORKFORCE QUALITY REGIONAL RANK
LIVING ENVIRONMENT REGIONAL RANK
California
9
9
9
9
Colorado
3
6
7
2
Idaho
5
2
2
1
Montana
6
5
4
4
Nevada
1
3
6
8
Oregon
8
8
8
7
Utah
4
4
1
3
Washington
7
7
3
5
Wyoming
2
1
5
6

Key Industries

Offers incentives to all sectors except retail.

Key Companies

Apple

Chevron

Disney

Google

McKesson

Oracle

Visa

Wells Fargo

Yahoo

Advantages

California’s growth is currently outpacing the nation, and will continue to do so over the next two years.

Chinese investors poured $15 billion into the U.S. in 2015, with California receiving the largest share.

Challenges

Businesses have already started moving out of the state, just one month after the new $15 minimum wage law has been enacted.

Florida’s Gov. Scott is proactively going after the Pacific coastal state’s business.

Key Contacts

GO-BIZ

Panorea Avdis, Director
916-322-0694
1325 J Street, Suite 1800
Sacramento, CA 95814

Panorea.Avdis@gov.ca.gov
http://www.business.ca.gov/Home.aspx

CEO Comments

“California currently produces our highest unit costs of any state in the country for our high-end commercial construction output.”

“States like California just don’t get it. At the rate they are going, who’s going to pay the bills with such a anti-business, leftist government and businesses leaving every month for Arizona or Washington state?”

“California has been running businesses out of the state for years, and in fact, their policies are getting worse. Class action lawsuits abound, it’s a crazy environment for small businesses out there.”

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No 50: California

No. 50

California

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
Taxation and Regulations
  • State Corporate Income Tax Rate: 8.84%
  • Highest Personal Income Tax Rate: 10.55%
Workforce Quality
  • Bachelor’s Degree Completed in Six Years: 1
  • All Degree Completion Per 100 Students: 12
  • Patents per 100K: 68.41
  • % of Employed Represented by Unions: 18.6
Quality of Life
  • Hopsitals per 10K: 0.102
  • Elementary/Secondary Schools per 1000 people: 0.256
  • Violent Crimes per 100K: 485.76
Key Companies
  • Apple Inc.
  • Chevron Corporation
  • Visa
  • Google
  • Oracle Corp.
  • McKesson
Other Highlights
  • California held down the last spot on the list in 2009, 2010 and 2011
  • California ranks 21st in state debt per capita with $3660

Sources:
TaxFoundation.org
Statemaster.com
Bureau of Labor Statistics
U.S. Census Bureau
U.S. Patent and Trademark Office
The National Center for Public Policy and Higher Education