03/05/2024

Taxes and California’s War Against Business

There has always been a certain level of competitiveness among the States. Of course, the football rivalry between Michigan and Ohio State is legendary. But, on a more serious note, economic competitiveness goes all the way back to colonial days.

In the late 1700s, the State of New York attempted to prohibit any ferryboat business to operate between New York and New Jersey unless the company was organized in New York. The United States Supreme Court ruled that such a requirement by a state was unconstitutional as the regulation of interstate commerce was a power reserved to Congress.

View Article