April 18, 2024 9:51 am
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Bay Area exodus sparks Phoenix rallying cry: ‘Time to get out’

Phoenix is rolling out an advertising vehicle, literally, onto the streets of Silicon Valley to lure residents and companies to join the Bay Area exodus. / Phoenix Business Journal

By Mark Calvey, Senior Reporter, San Francisco Business Times

Phoenix’s economic development roadmap runs through the Bay Area — literally. 

The Greater Phoenix Economic Council plans to have 24 cars hit the road, driving through tech corridors throughout the Bay Area. The cars will feature banner ads that read: “#CAstruggles are Real! TimeToGetOut.io”

“People have been leaving California for some time, but this is a new chapter in the exodus,” the Phoenix council’s president and CEO Chris Camacho told the San Francisco Business Times. “We’re in the early innings of the exodus.”

Asked what he sees driving Bay Area residents out of the Golden State, he had a long list: federal tax reform, gross receipts tax, the nation’s highest state income tax and excessive regulation.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.