Why so many businesses are fleeing California for Phoenix — and why a lot more may be on the way

california exitBy I-Chun Chen | Phoenix Business Journal

California’s tax and regulatory policies have made the cost of doing business more expensive than other states and prompted about 10,000 companies over the last eight years to leave the state or shift or curtail operations to reduce costs, according to a report from Spectrum Location Solutions.

Phoenix has been one of the biggest beneficiaries of the trend.

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