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Calif. tax climate 2nd worst in U.S. ( NY is number One )
Orange County Register ^ | October 29th, 2010 | Jan Norman

Posted on 10/30/2010 11:10:41 AM PDT by george76

California’s business tax climate is second worst in the nation, better only than New York’s, according to a new report from the Tax Foundation.

New Jersey managed to move up two spots on the list after four straight years as the nation’s worst business tax climate...

The index is based on the premise that taxes matter to business and states don’t raise or lower taxes in a vacuum.

“The modern market is characterized by mobile capital and labor. Therefore, companies will locate where they have the greatest competitive advantage...

(Excerpt) Read more at jan.ocregister.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: California; US: New Jersey; US: New York
KEYWORDS: ab32; cainitiatives; corporatetax; globalwarming; incometax; prop23; propertytax; salestax; taxes; unemploymenttax

1 posted on 10/30/2010 11:10:43 AM PDT by george76
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To: george76

They need climate change.


2 posted on 10/30/2010 11:11:37 AM PDT by Brilliant
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To: george76
Compassionate liberal havens?

No way!

3 posted on 10/30/2010 11:12:32 AM PDT by EGPWS (Trust in God, question everyone else)
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2011 Business Tax Climate: Chilliest in Blue States.

http://taxprof.typepad.com/taxprof_blog/2010/10/2011-business.html


4 posted on 10/30/2010 11:13:27 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76
Yeh....We're No. 1.....

Oh...That's bad right?? Could it be the Governor who is blind to our tax problem or the dummy Dems in the legislature. Both you say!!

5 posted on 10/30/2010 11:13:57 AM PDT by Sacajaweau
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To: george76

California and New York have the worst tax climates in the U.S.? I have an idea, let’s elect ueber-liberals for governor in each state this year.


6 posted on 10/30/2010 11:16:08 AM PDT by fhayek
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To: Sacajaweau

In 2008 New York was ranked 45th.

In 2009 it was ranked 49th. And now is ranked a worst in the nation


7 posted on 10/30/2010 11:20:02 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: fhayek
California and New York have the worst tax climates in the U.S.?

They will lose their status when Dayton becomes governor of Minnesota.

8 posted on 10/30/2010 11:20:31 AM PDT by EGPWS (Trust in God, question everyone else)
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To: Brilliant

Like, like permanent residence in Antarctica


9 posted on 10/30/2010 11:20:56 AM PDT by A_Former_Democrat (NO MOS-que AP: It's the "GROUND ZERO MOSQUE")
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To: A_Former_Democrat

NEW YORK -1
CALIFORNIA -2
NEW JERSEY -3
CONNETICUT -4
OHIO -5
IOWA -6
MARYLAND -7
MINNESOTA -8
RHODE ISLAND -9
NORTHCAROLINA -10


10 posted on 10/30/2010 11:28:28 AM PDT by stocksthatgoup
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To: george76

The Tax Foundation today released the 2011 State Business Tax Climate Index (8th ed.) which ranks the fifty states according to five indices: corporate tax, individual income tax, sales tax, unemployment insurance tax, and property tax. Here are the ten states with the best and worst business tax climates


11 posted on 10/30/2010 11:30:36 AM PDT by stocksthatgoup
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To: george76

*


12 posted on 10/30/2010 11:31:20 AM PDT by PMAS
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To: george76
I can't believe we're ranked 57th now !!

I'm sure that Mario 'Andrew' Cuomo will 'fix' that - assuming his campaign commercials can be believed ...

13 posted on 10/30/2010 11:32:03 AM PDT by UpstateNYer
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To: george76

If our politicians could just figure a way to get enough of our money, they could solve all of our problems.


14 posted on 10/30/2010 11:32:49 AM PDT by umgud (Wear your Border Patrol hat to the polls)
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To: george76

After arguing with liberals for many years about economics, I can tell you that they average liberal and the elite are brain dead when it comes to business.

They actually believe if you just tax and regulate enough, that will bring prosperity and “social justice.”

But they are too stupid to recognize that you can’t be a leech and bleed the host to death and still expect it to produce more blood.


15 posted on 10/30/2010 12:06:33 PM PDT by radpolis (Liberals: You will never find a more wretched hive of scum and villainy)
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To: radpolis

You are so right. Liberals are convinced that in profit lies the solution to all their problems. Since profit is immoral (in their eyes), you can take it from a company to fund your social programs. Corporations can operate as they always do, providing jobs and products for the common good, at a break-even rate. Society then takes the proceeds. They cannot fathom that without profits, the whole point of the enterprise ceases to exist. Why would capital flow to a non-profit organization? Yet you hear this kind of thinking in every speech Obama delivers.


16 posted on 10/30/2010 1:10:29 PM PDT by fhayek
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To: george76

I note with interest that Alaska is No. 2 best climate. Another reason for the Dems to fear Sarah Palin.


17 posted on 10/30/2010 1:29:14 PM PDT by Oatka ("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
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To: george76

paycheck confiscation bump for later.......


18 posted on 10/30/2010 4:46:12 PM PDT by indthkr
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To: george76

you aint seen nothing yet, just wait til Governor Shriver’s Global Warming Religion Law is implemented.


19 posted on 10/31/2010 8:21:46 AM PDT by eyeamok
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