California, the Golden State, is eating its Golden Geese

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Elon Musk

@elonmusk

California, the Golden State, is eating its Golden Geese

@ChefGruel

We just ran payroll. The payroll taxes were 2K higher than calculated. We called the payroll company. They explained (in summary) that California has a budget shortfall, and the federal government wants money back that it lent California for UI that it "lost." They are making up for it by having business owners pay it. Keep in mind that it was around 10% of our total payroll. When people say, "Why isn't California business-friendly?" remember this.

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