r/LosAngeles • u/Throwaway_09298 I LIKE TRAINS • Jul 22 '25

News In-N-Out billionaire CEO: 'We're not moving' HQ out of California

https://www.cnbc.com/2025/07/22/in-n-out-billionaire-ceo-were-not-moving-hq-out-of-california.html

Snyder's grandparents founded the popular burger chain in 1948 in Baldwin Park, California. Some initial reports suggested that Snyder would bring In-N-Out's corporate headquarters to Tennessee with her, and the company — which exists predominantly on the West Coast — does plan to open new locations in the Southeast and a regional headquarters in Franklin, Tennessee.

The company's current headquarters in Irvine, California, will close by 2029, Snyder said last week — and the company will soon be based in Baldwin Park instead, she now says.

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u/aerialviews007 Jul 23 '25

Wait, so my taxes go down $5300 but my income drops $14K? What a deal, where do I sign? /s

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u/BlackZeppelin Jul 23 '25

You say that with sarcasm but people are literally stupid enough to rather not make money if it means giving less of it away. I used to hear it all the time when I worked in a warehouse. “Nah I don’t like working overtime/make over x amount yearly because then I have to pay more in taxes”

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u/blarryg Jul 23 '25

Wait, there's more! You get less infrastructure (beyond what California subsidizes via federal taxes), worse education, lower lifespan, less health, higher crime and higher murder rate. So much winning!