Ben Shapiro’s media company, The Daily Wire, recently announced it was moving its California headquarters to Tennessee. The latest company to relocate here, they surely won’t be the last. Increasingly, companies are choosing to bid the Golden State’s painfully high taxes and inhospitable business climate adieu in favor of the Volunteer State.
Tennessee welcomes all businesses seeking the opportunity to thrive here. Tennessee is a place where businesses can flourish instead of spending all their time under the heavy hand of government just trying to get by.
According to a 2020 Forbes report, the Volunteer State boasts one of the most pro-business climates in the country. Ranking in the Top 10 for business, Tennessee is also rated among the best for growth prospects nationwide. Because here, we do not regulate companies out of business, and we take pride in small government.
The Daily Wire will join the impressive list of companies that call Tennessee home. From FedEx, Nissan North America, Mars, and LG Electronics to Tractor Supply, Duracell, and Louisiana-Pacific — Tennessee’s hospitable business climate provides the perfect opportunity for all businesses to thrive.
As one of the most economically stable states in the country, Tennessee also boasts the lowest per capita debt in the nation. This, combined with the absence of an income tax, proves that the best thing government can do for business is to get out of the way. In contrast, California has one of the highest income and sales tax rates in the nation, which cripples its families and businesses alike.
In Tennessee, the median cost of a home is nearly half the national average. Comparing home costs in Tennessee and California presents an even starker contrast: While $164,500 will provide a beautiful home in Tennessee, the median cost of a home in California is closer to half a million dollars. For many, this is unfeasible.
I understand the impact of our state’s business-friendly environment because I was in the shoes of many business owners. After my service with the Army, I started my own healthcare company in Tennessee dedicated to staffing emergency rooms. To this day, I remain grateful for Tennessee’s supportive business climate because it allowed me to expand operations across 11 states and grow my company into a multimillion-dollar endeavor.
In Tennessee, we are dedicated to cultivating prosperity for our families, their businesses, and all who call the Volunteer State home.
In Tennessee, businesses are freed from burdensome regulations that weigh heavily on mom and pop shops and Fortune 100 companies alike.
In Tennessee, we are prosperous because we recognize the importance of fiscal responsibility and innovation.
No matter which way you roll the dice, Tennessee’s welcoming business climate and low taxes will win every time. If you’re seeking relief from overreaching bureaucrats and unforgiving tax brackets, give the Volunteer State a try!
Rep. Mark Green represents Tennessee’s 7th Congressional District in the U.S. House of Representatives, where he serves on the House Oversight, Foreign Affairs, and Homeland Security committees.
