… all of a sudden providing a huge shock and spike in taxes, that's bad for business too. And many of them, and Bob Rivers has talked about this trend also. Businesses used to have much more loyalty and responsibility solely here because they were headquartered here. And as many businesses have become nationalized, they now have to think about how things they do here will be received by their shareholders who are connected to Florida or other places around the country. (32:06–32:13)
CLAIM
Asserts that businesses previously had more local loyalty and responsibility due to being headquartered locally.
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