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[willt]

Hello peeps!  Newbie here.  Considering buying a new Zero but I just saw a youtube video saying "Zero Declines To Say Whether CA Production Will Continue".  I can not find much else about it.  Are any of you concerned about the stability of Zero?  I would really hate to buy a bike that the parent company might change to the point that warranty or standard service or parts might be an issue in the near future.
Any ideas?
Thanks,
Wm

[Floki]

Somewhere I read that they might move production to another state where they can expand and operate with lower costs. California is too expensive for a small company that is trying to grow. It’s hard to know how stable they are, but I think they have a pretty good thing going. Moving production to a cheaper state could certainly improve their situation.

[willt]

Somewhere I read that they might move production to another state where they can expand and operate with lower costs. California is too expensive for a small company that is trying to grow. It’s hard to know how stable they are, but I think they have a pretty good thing going. Moving production to a cheaper state could certainly improve their situation.

I can sure agree with that.  So many people moving from CA to TX where I live, just to get away from the taxes.
Wm

[DonTom]

I can sure agree with that.  So many people moving from CA to TX where I live, just to get away from the taxes.Wm

The population here in CA has been decreasing lately. The number one reason is because it is too expensive to live here. Property is very expensive in most parts of CA and Scotts Valley, CA is no exception.


-Don-  Auburn, CA

[mdjak1]

When I was in Scotts Valley at the beginning of the month visiting Zero, I talked to the person giving me the tour a little about the area.   I noticed that there were a number of FOX motorcycle stickers and people wearing FOX clothing.   Apparently, FOX had up until very recently a production facility in Scotts Valley but the closed it and moved all the production out of state.  The plant was close to the Zero plant.   I was told that Zero was considering buying the building or at least lease the building for expansion (or perhaps to consolidate).    Zero has about 4 different buildings they use for production in the immediate area (walking distance) for production, executive offices, engineering, marketing, etc.   


https://www.electricmotorcycleforum.com/boards/index.php?topic=12475.0

[MVetter]

I can sure agree with that.  So many people moving from CA to TX where I live, just to get away from the taxes.Wm

The population here in CA has been decreasing lately. The number one reason is because it is too expensive to live here. Property is very expensive in most parts of CA and Scotts Valley, CA is no exception.


-Don-  Auburn, CA

Oh yeah. Well-researched points on both of your parts. Yeehaw.





source: https://itep.org/whopays/


https://www.sfgate.com/local/article/California-exodus-is-just-a-myth-massive-UC-16301134.php

[Floki]

As a California resident, I think our taxes are relatively fair in terms of who bears the burden. However there has been quite an exodus of corporations in recent years because our business taxes make other states more advantageous for business. Combined with the relatively high cost of land for expansion, it’s not hard to see why a company like Zero might want to look for a more business-friendly state.

2023 State Business Tax Climate Index 10 worst states:

Alabama
Rhode Island
Hawaii
Vermont
Minnesota
Maryland
Connecticut
California
New York
New Jersey

https://taxfoundation.org/2023-state-business-tax-climate-index/

[MVetter]

Sweet maybe they'll pull a Tesla and try to move everything to Texas only to find none of the critical employees wanted to live in Texas so they had to move HQ back to CA.

[Floki]

Toyota and Nissan had similar experiences when leaving SoCal for TX an TN. Most of the employees quit rather than move. The local labor market is certainly an important consideration. As a guy who moved to California from the upper Midwest 30 years ago, I can relate to those who don’t want to leave. Despite all of its imperfections, it’s still a pretty great place to live, particularly for us motorbike lovers.

[willt]

I was speaking from personal experience.  I have four friends who have moved to TX from CA in the last few years.  One even moved to CA about four years ago and just started moving back.  The company I was working for about 20 years ago wanted me to move from Tampa, FL to Hayward, CA.  After going out there and house hunting I turned the job down because they would not pay me enough and/or give me a big enough bonus to maintain my lifestyle.
I just met a girl in Dallas this weekend who just moved to TX, too.  Said nice houses here are a lot less expensive.
I also just paid $2.83 per gallon for gas.

Anyway, this one youtube video is all I can find.  As it is over one month old, I am surprised there is no other information that I can find.



I hope it is OK for me to post a youtube link.
Wm

[Specter]

A lot of people are leaving California because of crime issues as well.  it's more than just property or sales tax that is driving many away.

As far as taxes go, the bottom line is, states need money to operate, someone has to pay for all the welfare programs the politicians create to get re elected,  so they are going to get it from you one place or another, whether it be income tax, sales tax, gas tax, alcohol tax, property tax, or wherever,  it about evens out.

At the end of the day, it boils down to what a person will tolerate, and how many excuses they are willing to make to justify staying where they are at.  My effective tax rate is 64 percent, but the winters are mild so it's paradise!!

Aaron

[MVetter]

Texans are 17% more likely to be murdered than Californians. Texans are also 34% more likely to be raped and 25% more likely to kill themselves than Californians. Compared with families in California, those in Texas earn 13% less and pay 3.8 percentage points more in taxes.

https://www.sacbee.com/opinion/op-ed/article258940938.html


Want to live longer, even if you're poor? Then move to a big city in California. A low-income resident of San Francisco lives so much longer that it's equivalent to San Francisco curing cancer. All these statistics come from a massive new project on life expectancy and inequality that was just published in the Journal of the American Medical Association.

http://www.vox.com/2016/4/13/11420230/life-expectancy-income

[Richard230]

All I ever seem to hear in CA regarding taxes is: "Tax the rich. Make them pay their fair share."  However, no one ever says what their fair share is - other than it is more than they are paying now. The funny thing is that both the federal and state tax codes provide so many loopholes that are there to only help the rich (and rich corporations) that the "rich" usually don't end up paying much more because they can afford to hire experts who know how to find the loopholes and play the tax game.    Which is something that most other taxpayers can't afford to do. 

[MVetter]

I know a lot of people who view that exploiting those loopholes to end up paying less or no tax is an admirable trait. Like they are taking on Big Gubmint and winning. David and Goliath. In fact, the wealthier you are, the more impressive the feat becomes. If you can become a billionaire and pay little to no taxes, then you're just about the best and smartest person ever!

The people who are behind the "tax the rich" side of things look at this and view said person as exploitative and bad for many, many reasons.

[rgutt]

I think people often use "taxes" as the scapegoat term when ripping on one state versus another when it's really about the bigger picture. Texans and Californians pay almost the same effective tax rates. As several others have said, regardless of from where, every state is going to get its due. What isn't equal is the bang for the buck you get from each state. One can work a middle class job and afford a house in Texas. That person probably can't in California, at least not in the parts anyone actually wants to live.