The real answer is that states and local municipalities don't matter.
They are too weak to enforce their laws. Their decision making process comes down to enforcing its tax regime and possibly losing all the commerce when the big company just moves away -
increasing their irrelevancy and underfunding - or not bringing it up at all.
Only a select few governments, national governments, and multinational governments are relevant enough to coax corporations into compliance.
And even then, they are just trying, as the entire framework of their government's existence can be successfully challenged by the corporation's lawyers.
They are too weak to enforce their laws. Their decision making process comes down to enforcing its tax regime and possibly losing all the commerce when the big company just moves away - increasing their irrelevancy and underfunding - or not bringing it up at all.
Only a select few governments, national governments, and multinational governments are relevant enough to coax corporations into compliance.
And even then, they are just trying, as the entire framework of their government's existence can be successfully challenged by the corporation's lawyers.