California Governor in PANIC: 789 Companies FLED, $600 BILLION Fortune Gone 61,650+Workers Lose Jobs скачать в хорошем качестве

California Governor in PANIC: 789 Companies FLED, $600 BILLION Fortune Gone 61,650+Workers Lose Jobs

California is witnessing a catastrophic business exodus that is accelerating far beyond original projections. From Fortune 500 giants to tech unicorns, major corporations are gutting their operations or abandoning the state entirely, leaving local communities to face the fallout. Driven by crushing taxes and a looming retroactive billionaire tax, this historic departure of wealth and industry is creating massive structural deficits in Sacramento. We investigate the documented facts, public filings, and corporate announcements that reveal the true velocity of California's economic shift. Key Highlights: Chevron is relocating its headquarters to Houston after 146 years in California. Cultural icon In-N-Out Burger is moving its corporate base to Tennessee after nearly eight decades. A proposed five percent "billionaire tax" includes a retroactive clause that targets individuals even after they leave. High-income earners responsible for 40% of the state's revenue are exiting at record rates. The closure of major refineries like Phillips 66 threatens to push California gas prices above $8 per gallon. Texas and Florida have emerged as the top destinations for businesses seeking lower costs and less regulation. When the top earners leave and the corporations vanish, California is left with a backup plan that doesn't exist. Like, Share, and Subscribe to stay updated as this story develops and we continue to track the receipts. We want to hear from you—tell us about major employers in your county that have downsized or moved recently. How do you think these fiscal challenges will impact the future of the Golden State? #BreakingNews #CaliforniaExodus #EconomicCrisis #BusinessNews #CaliforniaTax #NewsUpdate 00:00 - 01:37 - Intro: The California Business Exodus 01:37 - 03:05 - Chevron and In-N-Out Abandon California 03:05 - 04:09 - Understanding California's Effective Tax Rate 04:09 - 05:43 - The Proposed Retroactive Billionaire Tax 05:43 - 07:53 - How the Top 1% Funds the State 07:53 - 09:09 - The Ripple Effect on Local Communities 09:09 - 10:28 - Governor Newsom's Impossible Tightrope 10:28 - 12:08 - How Shrinking Tax Bases Affect Residents 12:08 - 14:01 - Why Companies Choose Remote Work over California 14:01 - 15:04 - The Growing Energy and Refinery Crisis 15:04 - 17:11 - The Rise of Texas and Florida as Destinations 17:11 - 19:28 - A Call for Accountability and Transparency 19:28 - 21:17 - Structural Advantages and the Future Economy 21:17 - 23:16 - Historical Precedents: Michigan and New York 23:16 - 25:55 - Final Outlook: Adapting or Sliding into Crisis