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Keyword: businessfriendly

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  • Voters in bankrupt San Bernardino sweep old guard from power

    02/06/2014 9:17:29 AM PST · by Beave Meister · 5 replies
    Reuters ^ | 2/5/2014 | TIM REID
    (Reuters) - Residents of bankrupt San Bernardino, California on Tuesday voted to complete a rout of the city's pro-union old guard, electing business-friendly pragmatists who have pledged to try to reduce pension costs and take on vested interests. As San Bernardino enters into a fourth month of mediation with its creditors, the biggest of which is Calpers, California's giant retirement system, voters on Tuesday elected Carey Davis as the crisis-hit city's new mayor. Davis, a businessman and political novice, ran in part on a campaign to reduce the city's pension obligations. In an interview in November, when he became one...
  • 2013 State Business Tax Climate Index: Which States Have the Best Tax Systems for Business?

    10/15/2012 6:39:07 AM PDT · by SeekAndFind · 20 replies
    Tax Foundation ^ | 10/14/2012 | By: Joseph Henchman and Scott Drenkard
    Each year we produce the Index to enable business leaders, government policymakers, and taxpayers to gauge how their states' tax systems compare. While total taxes paid is a relevant measure, another is how the elements of a state tax system enhance or harm the competitiveness of a state's business environment. The Index looks at over 100 variables in individual income tax, corporate income tax, sales tax, unemployment insurance tax, and property tax to reduce these many complex considerations to an easy-to-use ranking. The 10 best states in this year's 2013 Index are Wyoming, South Dakota, Nevada, Alaska, Florida, Washington, New...
  • Caterpillar CEO says Obama business friendliness has improved to … a slightly better F

    05/13/2011 2:19:14 PM PDT · by SeekAndFind · 3 replies
    Hotair ^ | 05/13/2011 | Ed Morrissey
    Greg Hengler reminds us why, as a politician, it’s wise to pick your friends and economic examples carefully. Early in his presidency, Barack Obama made an appearance at Caterpillar to claim that passing his Porkulus bill would keep the manufacturer of heavy equipment from conducting layoffs. Jim Owen, their CEO at the time, responded that Obama was wrong. Thanks to that dustup, the firm gets plenty of attention when it comes to Obama’s economic policies and friendliness towards the business and investment community.CNBC asked Caterpillar’s current CEO, Doug Oberhelman, to evaluate the changes made at the beginning of the year...
  • Arizona: REPUBLICAN BUDGET VICTORY

    05/06/2005 12:48:09 PM PDT · by hsmomx3 · 6 replies · 344+ views
    Arizona Republican Party-email ^ | Arizona Republican Party
    Tax cuts, school choice, education highlight Legislature’s responsible FY ’06 budget Phoenix - An $8.3 billion balanced budget that expands school choice for Arizona families, provides an economic stimulus package through major tax relief and offers substantial teacher pay increases was passed by the Legislature today. Under the fiscally responsible spending plan, the Legislature pays cash for new schools rather than continuing the practice of mortgaging Arizona’s future through borrowing hundreds of millions of dollars. Children, families, teachers and public safety all benefit substantially through increases in education spending, higher pay for DPS and correctional officers and the expansion of...
  • Neighbors woo state businesses (CA companies moving to NV, AZ, OR)

    11/07/2004 9:27:37 PM PST · by BurbankKarl · 84 replies · 3,437+ views
    Los Angeles Daily News ^ | 11/6/04 | Evan Pondel
    Neighboring business-friendly environments to lure California businesses Joan Capponcelli did not want to leave California, but her employer did. Placing even more strain on the general manager was a responsibility to find a state that could accommodate a classic car parts manufacturer. Arizona was close enough. Oregon certainly had its merits, too. But Nevada ended up wooing Scott Drake Enterprises, with its tax savings and more affordable workers' compensation rates an easy sell. "It's a wise business move. I just challenge Arnie to make it so good in California that we would want to come back," said Capponcelli, who will...