Silicon Valley rougher to business than Seattle, Austin — report
Silicon Valley’s economy seems to be recovering more quickly than the rest of the nation’s, with employers hiring and venture capitalists offering sunny predictions. There’s even a new reality show based here.
It may not last. A new analysis of how business-friendly states are — released today by the nonpartisan Tax Foundation — shows that California is way at the bottom. The Golden State ranks a dismal 48 out of 50.
“States do not institute tax policy in a vacuum,” said Scott Drenkard and Joseph Henchman, the study’s authors. “Every change to a state’s tax system makes its business tax…
Link: Silicon Valley rougher to business than Seattle, Austin — report
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