Posted by: realtormarkpalace | October 28, 2010

Tax Foundation says Fla. welcoming to business

TALLAHASSEE, Fla. (AP) – Oct. 27, 2010 – The Tax Foundation says Florida again has the nation’s fifth best tax climate for business in 2011.

The nonpartisan, nonprofit organization that monitors government fiscal policy issued its annual business climate index Tuesday.

While some states are up and others are down, Florida has remained steady in fifth place for six years in a row.

A key factor is Florida’s lack of a personal income tax, which gives the state a top ranking in that category.

Florida also ranks 15th in corporate taxes, 30th in sales taxes, third in unemployment compensation taxes and 28th in property taxes, according to the Washington, D.C.-based organization.
Copyright © 2010 The Associated Press.

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Responses

  1. Great post Mark it’s always good to make the list, but stability and consistancy is a key factor when determining where your corporate office is best served. After all, you won’t just “move it” next year to a state that made the list 🙂 We’ve held our spot for 6 years now and that says a lot.

    One of the factotrs thay don’t consider is quality of life for the employees, and the trickle down effect. The happier they are the better the work quality and the higher the retention rate. Lower staff turnover is money saved.

    I’m sure we’d rule the list if that was a factor.

    • absolutely Vedrana! you are so right about stability! six years in the same spot and there is a reason for that! quality of life is excellent, employees/colleagues love Brevard County, FL, housing and living are both extremely affordable! what more could one want?! paradise found!


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