This is one of the primary reasons why businesses fleeing California are coming
here. The liberals may not like this good news and definitely not what Peter
Cooke wanted to hear.
thats because they tax the people so high.
Yes, Utah is one of the top 10 per the Tax Foundation study referenced in the
article. Everyone can understand why California is not in the top 10. However,
Utah is #10 of the top 10. Nevada is #3. When California makes doing business
difficult, companies move right next door to Nevada. Nevada is not only more
business friendly, but it is closer than Utah to California. Logistically,
Nevada is the better choice. It is also a better choice for people to live in
than Utah because there is no income tax and no sales tax on food in Nevada.
Lower income families spend a larger percentage of their income on food, so a
sales tax on food is inherently a regressive tax. Go Nevada Wolf Pack!
See also related article, Utah unemployment rate drops from 5.8% to 5.4%.We also have a top credit rating, while CA's rating is A-, lowest
of the 37 states rated (source CA treasurer's web page). CA's
unemployment rate in August (latest I could find on the BLS webpage) was 10.6%
and Nevada's was 12.1%.
@Wolfgang57Yeah, everything about Nevada is great except that nobody
wants to live there. Chances are that an executive thinking of relocating his
business is not the type of person who wants to spend his Saturday nights
shooting out the headlights on abandoned cars. He probably wants a place where
the local theater scene is more than whatever over-21 sleaze is at the Riviera.
He probably wants more outdoor activities than just riding an ATV over Martian
landscapes.While Nevada might be a financially attractive place to
move a business, there are other aspects of Nevada that are equally
unattractive. And the bad news is, those unattractive things aren't going