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Here's some data on the best and worst tax climates, by state: http://taxprof.typepad.com/taxprof_blog/2009/09/2010-state.html http://taxprof.typepad.com/taxpr
by miked 17y ago
Here's some data on the best and worst tax climates, by state:
http://taxprof.typepad.com/taxprof_blog/2009/09/2010-state.html http://taxprof.typepad.com/taxprof_blog/2009/09/2010-state.h...
- meterplech 17y agoIt is interesting to compare the tax climates to the $s of funding. California, Minnesota and Iowa manage to have successful startup per capita despite these harsh laws. And, Wyoming is dead last in dollars for funding, but second in tax environments. Clearly Wyoming has a sparsely populated state, but per capita was supposed to account for that. As a native Marylander, I am a bit intrigued by how the recent tax changes targeted at businesses will effect this sort of data. It is already seemingly hurting Maryland in comparison with other states (1 year avg < 3 yrs < 5 yrs), but other factors may come to play. Perhaps a great indicator is population density, or more specifically educated peoples density.
- mojonixon 17y agoWyoming has oil, which probably pushes out investment in other industries (why invest in a startup when you can invest in an oil well?). It may have a localized version of the Dutch disease. http://en.wikipedia.org/wiki/Dutch_disease http://en.wikipedia.org/wiki/Dutch_disease