The worst place in the world to start a business

“As a thanks for conducting commerce in their state – commerce that my clients said they would have been bankrupt without – I was subjected to years of hounding by the California Franchise Tax Board.  Even after I paid their $800 annual extortion fee for running a corporation there.  I’ve long said there is no – repeat no – reason for doing business in California. It is, without a doubt, the worst place in the world to start a business.  They’ll tax you endlessly and mercilessly. They’ll subject you to nonsense regulations. They’ll send some inefficient buffoon to your office to inspect everything you’re doing and harass you. Hiring people there is a disaster.”

http://nomadcapitalist.com/2014/01/29/the-worst-place-in-the-world-to-start-a-business/

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