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CEO says doing business in state ‘sucks’ as company heads to Texas amid California exodus

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CEO says doing business in state ‘sucks’ as company heads to Texas amid California exodus
TL;DR · WeSearch summary

Opponents warn it could instead send major taxpayers packing — and take future tax revenue with them.California is already seeing taxpayers and their income move elsewhere. Orange County recorded a net loss of 11,618 tax filers, followed by San Diego County with 9,401, Riverside County with 8,968 and San Bernardino County with 8,462.Those departures can carry fiscal consequences. When taxpayers move, the income they take with them can shrink the state and local tax base that helps fund schools, public safety and infrastructure.Davis does not predict a sudden stampede out of California.

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Record

Original publisherFox News
Canonical URLhttps://www.foxnews.com/politics/ceo-says-doing-business-state-sucks-company-heads-texas-amid-california-exodus
Publication timeMon, 17 Aug 2026 07:00:48 -0400
Retrieval time2026-08-17T11:23:09.365Z
Last seen2026-08-17T11:23:09.365Z
Headline sourcePublisher (no WeSearch rewrite)
Excerpt sourcepublisher body
Excerpt methodFirst ~120 words (~800 chars) of extracted publisher body, fair-use limited.
SummaryWeSearch · cerebras-chat (WeSearch summarizer)
Summary source textcontentText
Citation coverageSummary is a WeSearch-generated derivative; primary citation is the original publisher URL.
ClusterNone
Cluster logicNot yet clustered, or no peer story found in the clustering window.
Ranking reasonStory pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking.
Publisher visitYes — open original
Substitutes article?No — link-out required for full text

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Machine-readable
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WeSearch interpretation
WeSearch declared handling (basis: Derived from the published RSS/Atom feed). This is WeSearch policy, not a legal grant on the publisher's behalf.
Unknown
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WeSearch handling by dimension

Indexing May the item be indexed (stored, ranked, made findable)? Allowed
Snippet May a short excerpt of the publisher's text be shown? Allowed
AI summary May WeSearch generate its own short summary of the article? Limited
Retrieval / RAG May the content be exposed for third-party retrieval-augmented generation? Not asserted
Model training May the content be used to train AI models? Not asserted
Commercial reuse May the content be reused commercially? Not permitted

Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

Texas CEO says doing business in state ‘sucks’ as company heads to Texas amid California exodus Digital Brands Group relocated its headquarters to Round Rock as LA County lost nearly $1.9B in taxpayer income By Amanda Macias Fox News Published August 17, 2026 7:00am EDT Comments Facebook Twitter Threads Flipboard Print Email Add Fox News on Google close Video Texas business leader torches California’s billionaire tax push: ‘We don’t punish hard work’ Gabriela von zur Muehlen, chief policy officer for the Texas Association of Businesses, says high-tax states like California and New York are pushing wealth, jobs and investment toward Texas.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Fox News.

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