Just days ago, pro golfer Phil Mickelson teed up some controversy by blasting California’s high tax rate, only to apologize to those who are unemployed and struggling to make ends meet if he offended them.
Barry Broome with the Greater Phoenix Economic Council said Mickelson is far from being alone in his frustration over California voters passing a $6 billion tax increase that mainly takes aim at higher income earners.
“You’re talking about a 13 percent tax on $1 million. You make $130,000 a year just by moving to Arizona,” said Broome.
Last year, Broome offered free airfare and hotel rooms to the top 100 CEOs in California to visit the Valley to look into relocating. He has had 14 bites from companies who will move here or elsewhere, but they will not stay in California.
“High powered guys, they’re leaving,” he said.
Broome said California hasn’t seen anything yet. The real exodus should begin in 2015 when the market recovers, it’s easier to sell homes and there’s more cash to move businesses.
In 2011, 49,000 Californians moved to Arizona. Broome expects that number to double in 2015 to 2016 and he’d like to see Mickelson as one of them.
“You’re a Sun Devil, come home,” he said.
- Skin Cancer in Arizona: Stats, facts and new immunotherapy drugs making strides
- Distracted walking injuries end up not so funny
- Scary situations: 5 quick tips before you let a contractor in your home
- Four ways telemedicine is changing the health care industry
- 5 mistakes homeowners make in the spring
- Three rivers run through it: Exploring Arizona's waterways
- Smart home basics: things you need to know to get started
- 5 Surprising things causing back pain
- Arizona agriculture is a $17.1B industry
- Timeline: Arizona's roots in brewing history
- 5 reasons to love the D-backs this season
- Tips for taking your home entertainment experience to the backyard
- Tech-related injuries your parents never experienced
- Workers comp: Signs your co-worker could be a fraud
- Who's the real founder of America's pastime?
- Epidemic rising? What you need to know about Alzheimer's in Arizona
- 5 unforgettable Wooden Award winners
- Family and hard work are keys to success of modern dairy farmers
- Genetic testing could hold answers for colon cancer survival
- Cold beers and baseball: A beer lover's guide to Spring Training
- Telecommuting: 5 tips to make it work for employers and employees
- See how top CFOs feel about economic growth in the Valley
- Migraine myths that keep patients from effective treatments
- Here’s why Gaydos went tankless with his water heater
- Bocce ball and basketball: How you can help Arizona's Special Olympics athletes
- Tips on building the best wine room in Arizona
- Avoid the nightmare: 6 tips to choose a great contractor
- Breast cancer: Improved testing and treatments means more survivors
- Failed back surgery: New hope for patients living in pain
- Ticking time bombs: Telltale signs your water heater is about to explode