Have you ever wondered if your state’s tax system is business friendly? And how does your state’s tax regime compares with other states? Do you think you’ll be better off if you move your business operations to another state?
A new study by a Washington D.C. think tank Tax Foundation examines the role of attractive state business tax climates in the decision of where to locate a business. They’ve created a State Tax Business Climate Index that measures the “tax friendliness to business of each state’s tax system at the beginning of 2004.” It is a comparative measure that can provide insights on how the state tax system is “hampering the efforts of local entrepreneurs or the possible entry of new businesses.”
To learn the states with tax systems friendly to businesses, read the full article.
