New Media Company Cites Retroactive Tax as It Flees California

Compares the state government to Hugo Chavez

Grumbling about California taxes and regulations is nothing new. But one San Francisco entrepreneur is going a step further by saying good riddance to the Golden State.

In an article posted on PandoDaily, Bleacher Reporter founder Bryan Goldberg said he was moving a new media startup to New York, largely in response to a retroactive tax applied to his 2012 income and the passage of Proposition 30.

"This is an asset seizure plain and simple," he wrote.

Goldberg said he didn't oppose paying higher taxes, and made a point of disavowing any identification with the Tea Party or Republican Party.

Comments

[Sevo]

“Goldberg said he didn’t oppose paying higher taxes, and made a point of disavowing any identification with the Tea Party or Republican Party.”

So why did the idiot leave?

[Jordan]

Well, he’s dumb enough to move from California to NY, so…

He’s basically just trading out the only good part of CA – the weather.

[Sevo]

OK, he really want’s someone to tell him how big soda he can buy, but he’s hoping it’ll be cheaper?
Or, he really wants to pay taxes that ain’t a whole lot cheaper, but wants to shovel snow and pay for A/C in the summer?
He’s called ‘founder’; not sure what that means, but it doesn’t mean ‘has brains’.

[darius404]

He’s not making the best choice of where to relocate.

“And if New York isn’t what I’m looking for, I’ll move to Illinois.”

[Jerryskids]

If he really wanted to protect his assets he should relocate completely outside the US, perhaps to a nice Mediterranean island. I hear Cyprus is nice.

[Sevo]

Well, he says he doesn’t mind paying higher taxes.