Just another self defeating move by another Government entity exploiting their power and ignoring the rule of law.
The cost to LA and California is staggering and won't be addressed until it's too late. Lib's and bureaucrats are still ignoring the facts and aren't likely to wake up until California is a wasteland and there's no one left to exploit.
We have built our entire modern Government and bureaucratic system in this country on the fundamental idea that we can exploit at our whim those who are the producers. We extort more of the fruits of their efforts and risk taking, through greater and greater taxes, regulatory costs, and political demonization. We are reaching the threshold where business people are forced to make the decision to flee in spite of the relocation costs and personal affection for La and California. This flight response is not limited to California. The same has been happening for years in Southern Arizona. Businesses laugh when approached with the idea of relocating here. It's almost, but not quite, as anti-business an environment as California.
Come on folks, this is getting serious. We must throw out those who are trying to destroy our prosperity and freedom, no matter what party they're in!