The May issue of CFO has an interesting article about the aggressiveness of some states to make up budget shortfalls by going after out-of-states businesses. Of particular interest (to me at least) is Georgia's revenue policies and systems are influencing companies to locate or expand operations here (#5 nationally). I also notice that many of the northeast states, Michigan, Illinois and California are viewed very negatively and causing concern for future operations by survey participants. It will be interesting to see how future legislation and tax enforcement affects economic performance in many of these states with negative reputations.
I hope to have more information on this subject in future posts.
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