Firearms manufacturers have had a rough time of it in California for years from bans on purchasing ammunition to bans on specific kinds of guns, to bans on “high capacity” magazines. Weatherby Arms has decided to pull up stakes and move to Wyoming after 73 years. It’s the nick of time -the CA State Assembly is proposing that businesses turn over their savings from the GOP tax bill. Weatherby Arms may not be the last business to leave the liberal state.
Weatherby Arms pull out
Weatherby Arms revealed the plan to move to Sheridan, Wyoming on Tuesday at the Shot Show in Las Vegas. Wyoming had been recruiting the firearms manufacturer for a year.
From the Weatherby press release:
Governor Matt Mead and the Wyoming Business Council, the state’s economic development agency, began recruiting Weatherby a year ago.
“Wyoming is a great place to do business and is excited to welcome Weatherby to Sheridan,” Mead said. “For over 70 years, Weatherby has been an innovator in firearms design and manufacturing. The company will add to our manufacturing base and fit well with our diversification objectives.
“I thank the Wyoming Business Council, the Sheridan Economic and Education Development Authority, and all who helped bring Weatherby, Inc. to Wyoming.”
Weatherby called Mead’s enthusiastic support and accessibility a major asset for a company operating in a highly-regulated industry.
“From the get go, when we met the governor, he said, ‘Here’s my number, shoot me a text any time,’” Weatherby said. “He responds to our needs quickly, and it shows a business like ours is important to Wyoming and that it’s a big deal here.”
In short, Wyoming welcomes new businesses. California is so busy playing politics and not allowing corporations to have a break, that they may be shooting themselves in the foot.
Will this spark a Calexit?
The San Francisco Chronicle reported,
California lawmakers are targeting the expected windfall that companies in the state would see under the federal tax overhaul with a bill that would require businesses to turn over half to the state.
A proposed Assembly Constitutional Amendment by Assemblymen Kevin McCarty, D-Sacramento, and Phil Ting, D-San Francisco, would create a tax surcharge on California companies making more than $1 million so that half of their federal tax cut would instead go to programs that benefit low-income and middle-class families.
In other words, California is not a corporate-friendly climate.
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