Another one just shut its doors. California is now losing businesses so fast that it's hard to keep count.
Amid a flurry of exits, a second major winery has decided to close up shop.
This, while the state is still reeling from the exit of a Hollywood power broker and a storage giant.
California is considered the wine mecca of our country, but it may soon lose that title if another winery closes up shop.
Last week, it was announced that Gallo was closing a huge production facility in the state that would impact Sonoma and Napa counties.
This week, Jackson Family Wines announced that it has halted production at its Carneros Hill facility in Sonoma’s Carneros region.
This location was previously owned by Buena Vista Winery and had served as an “overflow production” facility for the winemaker.
Businesses have been leaving California at an alarming rate due to high taxes and a push by Democrats to tax 1%ers even more.
The latest to run is Public Storage, which has been located in California for more than five decades.
Once again, Texas will be the beneficiary, as the company is expected to open a new headquarters just outside of Dallas in Frisco, TX.
Company CEO H. Thomas Boyle stated, “It’s about finding the right talent across the country and building the team going forward, and we look forward to strong leadership in both offices.”
Hollywood talks a big game about progressive values — until Democrats come for their wallets.
The latest big name to commit to leaving the state is Steven Spielberg. Spielberg, however, is going from the frying pan into the fire.
Reports stated that the legendary director has already relocated to New York, living in Manhattan, so he may find the squeeze being put on New Yorkers by Mayor Mamdani more than he bargained for.
Perhaps he figured Mamdani’s 2% tax on the richest is better than the 5% tax that is being proposed in California.