As a spokesperson for the California Taxpayers Association, Kline said the reason is taxes. For the past decade, businesses and individuals have been leaving California for other states, particularly Texas. Newsom is traveling California to highlight the state's efforts to reopen schools and businesses as it faces the threat of retirement. Texas ranked best for business and California worst for business out of 50 states in this CEO survey.
William Stein, CEO of Digital Realty, said the central location, affordable cost of living, highly educated workforce and favorable business climate have helped make Texas an epicenter for business activity and technological growth.
