What explains California's wimpy business leaders?

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I always chuckle when unionistas argue that business donations cancel out union donations to politicians and voter initiatives. The business community here in California in particular typically spreads out its money and often gives more to buy access to the dominant Democrats. In the current election cycle, established businesses and business groups have been AWOL or have aided and abetted the enemy, as I explain in my recent Bloomberg column.
The California Chamber of Commerce took no position on the Prop. 30 tax hike, eager as it is to avoid angering Jerry Brown. The misnamed California Taxpayers Association managed to oppose 30, but took no position on 32. Meanwhile, people are fleeing the state mostly for lower-tax, lower-regulation states, as a Manhattan Institute study revealed.

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