It’s sounding like a broken record… CEO Magazine calls California “Portugal of the Pacific” as it rolls out its CEOs survey, ranking CA worst state to do business 5 years in a row, citing onerous regulations and astronomically high taxes. Magazine title says: “Why Texas Whipped California – and What It Means for You” (as CEO). Other than having to pay $800 in corporate taxes RIGHT OFF THE BAT whether or not you’ve made any money (and if you didn’t make money and actually lost money… guess what, you still owe Sacramento $800), and the insane amount of bureaucracy and regulations that I’m convinced goes primarily to support the high salaries and operational budgets of this state’s politicians, I can’t imagine why CEOs are prejudiced against California.