08/18/2022

Should Business Owner Stay In State, Or Go?

Melton International Tackle, which sells fishing gear worldwide, is marking 20 years in business in Anaheim during 2013. It may be the last.
Owner Tracy Melton is consulting with his financial experts and exploring other locations for his 30-employee company. He says recent state tax hikes may be the last straw that drives him out of what he considers to be a state unfriendly to businesses.
“I am not rich by any means,” Melton said. “I work hard, keep 30 people off unemployment, and my reward is that the state and feds want to take more than half of any profit I make.”

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