Business Now: Austin captures heart of California companies
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What started as a slow trickle has turned into a steady stream of Californians moving to the Capital City.
Austin Business Journal
Click here to read more about this story in the Austin Business Journal.
Editor Colin Pope said thanks to California’s Proposition 30, more companies big and small have made the trip to the heart of Central Texas.
Prop. 30 raises taxes on consumers and top earners, motivating businesses to come to Austin where such a tax hike doesn’t exist.
Pope says of the 139 companies that have recently looked at coming to Austin, more than 50 percent are from California. Find out more in this “Business Now” in the video above.