California Loses Another Business Over Tax Hikes

-By Warner Todd Huston

Savings.com has just given California the big kiss off. They are closing their doors, moving to another state, and taking their 100+ jobs with them. Savings.com isn’t the only California-based company that has pulled up roots and moved to another state, either.

So, what is going on? It’s all about California’s confiscatory taxes, the newest of which is the Affiliate-Nexus Tax bill — a tax that hits all Internet companies that have brink and mortar facilities of any kind, office or warehouse, in the stateā€¦

Read the rest at RightPundits.com.

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