Taxes screw over both the companies and the states they’re in.
Taxes didn’t build those big companies. They show up after the success. They sure as hell didn’t create Silicon Valley.
The sky-high taxes came later, once it was already killing it.
California basically turned its successful companies into hosts and started parasitically draining them for more and more cash, jacking up the rates year after year.
They forget the first rule of parasitism: don’t kill the host.
Companies only have so much tolerance before they say screw it and bail for another state with better deals and resources.
And that breaking point is a lot lower these days.
Watching Grok Build think is pretty fascinating.
Definitely noticing a change with the releases made this weekend, its become incredibly thoughtful.
And the plans are getting insanely detailed, I mean just look at the architecture deep dive it did here.