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Shocker! Big Business Leaving A State That Taxes The Crap Outta Them
Flopping Aces ^ | 08-24-10 | Curt

Posted on 08/24/2010 5:01:23 PM PDT by Starman417

You would think they would learn but Socialists don't see any other way other than to tax, tax and tax some more:

[VIDEO AT SITE]

The Governor of Utah's (the state in which all these businesses are fleeing to) motto is "keep government off your back and out of your wallet."

Now that is how you run a state, and a country.

Unfortunately our President is the exact opposite and is helping to speed up the exodus of business from our shores to overseas.

Good article via Dan Riehl:

For the second year in a row, a corporate relocation expert has ranked Utah as the second best pro-business state.

Chicago-based Ronald Pollina, whose annual Corporate Top 10 study evaluates job retention and creation by the 50 states and federal government, praised Utah as a state that serves as a model for the rest of the country.

Utah finished second to Virginia in the 2010 study, just as it did last year, followed by Wyoming, South Carolina and North Carolina. Rounding the top 10 are Nebraska, Kansas, South Dakota, Alabama and Missouri. California finished last for the seventh year.

The study uses 31 factors to rank states, including taxes, human resources, right-to-work legislation, energy costs, infrastructure spending, workers compensation laws and state economic development efforts.

“The effort to make America more business-friendly must come from all levels of government,” Pollina said in a news release. “Many states are doing such a poor job of creating a pro-business environment that they can’t even come close to competing with each other, much less compete globally.”

Lowering taxes, reducing regulations....common sense answers to the problem but nooooooo, instead we get "just tax them more" from Obama and company:

Promising a “renaissance in American manufacturing,” the Obama administration proposes “raising taxes on multinational corporations that Democrats accuse of shipping jobs overseas” (“New Democratic strategy for creating jobs focuses on a boost in manufacturing,” August 4).

Never mind that until the current downturn U.S. manufacturing output was at an all-time high and still growing.  Even now it remains the largest in the world.  The lie of U.S. manufacturing decline – repeated ad nauseam – conveniently paves the path for greater government control over the economy.

(Excerpt) Read more at floppingaces.net...


TOPICS: Business/Economy; Politics
KEYWORDS: california; google; tax; utah; va

1 posted on 08/24/2010 5:01:29 PM PDT by Starman417
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To: Starman417
If you are the working man Utah has some of the highest income tax, sales tax and property taxes in the nation. If you have kids per capita spending for schools is dead last in the nation.

Oh and don't forget the sin taxes alcohol is highest in the nation and they just raised the cigarette tax to $170 a pack.

If you are not a member of the faith you have no voice in local or state government.

Other than that it works for them...

2 posted on 08/24/2010 5:15:22 PM PDT by montanajoe
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To: montanajoe

$170???
Surely you mean $1.70, right?


3 posted on 08/24/2010 5:17:52 PM PDT by irishtenor (Tag lines, they are not what they used to be...)
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To: irishtenor
Yeah a buck seventy..thought the dirt on the monitor was a period...
4 posted on 08/24/2010 5:25:27 PM PDT by montanajoe
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To: Starman417

How long will it be before the socialist states start trying to prevent companies from leaving? Even going so far as to press the federal government to make it happen.


5 posted on 08/24/2010 6:05:28 PM PDT by Personal Responsibility (People tend to make better decisions when held to the ramifications of those decisions)
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To: Starman417

Adobe, Twitter and Ebay have or planning to establish a major business expansion in Utah. Why? Right to Work, low taxes and low regulation as the reasons for the larger business migration taking place - out of CA and into Utah.

Last Thursday it was announced that Adobe will start building a new campus in Utah that could creat over 1,000 new jobs there over the next decade. Construction is expected to be completed in 2012.


6 posted on 08/24/2010 6:06:23 PM PDT by CharlesMartelsGhost
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To: Starman417

Went to a wedding in McKinney Texas a few weeks ago. The place is bursting at the seams. Construction everywhere, new roads, new retail outlets and restaurants everywhere you look. The new housing developments are like new cities everywhere. It occurred to me that low taxes, low crime and business friendly communities must be a winning combination. Recession is a foreign word there. I love Texas.


7 posted on 08/24/2010 8:43:32 PM PDT by strongbow
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