Best states to run a business (fees, judgement, pay, salaries)

[Kevroqs]

What are the best states to run a business?

I know that California is not the place to run a business due to high taxes.

[High_Plains_Retired]

Hong Kong perhaps? Seriously though you are probably right about California. My brother and partner moved their multi-million dollar furniture business out that state in the 1980s and never looked back.

If you are looking at Texas, there are 254 counties and each of them have their own little dictators.

[Info Guy]

Texas by far. Always has been.

[cpg35223]

Texas. A very pro-business environment, which explains why that state has not been hit nearly as hard by the economic depression.

I would avoid California, the Great Lakes Region and the Northeast.

[MrRational]

Best on what basis?
Lots equate best with lowest taxes which certainly is better than high taxes...
but first you have to make the money to be worried about paying taxes.

Best location is where YOUR customers are.
Customer = a person or company willing to pay good money for your product or service.

[cpg35223]

Originally Posted by MrRational

Best on what basis?
Lots equate best with lowest taxes which certainly is better than high taxes...
but first you have to make the money to be worried about paying taxes.

Best location is where YOUR customers are.
Customer = a person or company willing to pay good money for your product or service.

True. I interpreted the question as "which states are the most business friendly?"

In fact, here's a helpful article. I don't blindly follow these kinds of lists, and they are sometimes stupid beyond belief. But, hey, it's a start: http://www.cnbc.com/id/47818860/Texa..._Business_2012

[juneaubound]

2012 State Business Tax Climate Index | Tax Foundation

[Bluff_Dweller]

Originally Posted by cpg35223

True. I interpreted the question as "which states are the most business friendly?"

In fact, here's a helpful article. I don't blindly follow these kinds of lists, and they are sometimes stupid beyond belief. But, hey, it's a start: Top States for Business 2012 - Texas No. 1 in 2012 - US Business News - CNBC

Thanks for that link cpg. Nice find. I found my Missouri to be #27th which is about right in my judgement. In my 60+ years in business in Missouri I continually had government leeches charging new fees/taxes which limited growth and kept me downsizing. This limited my gross income and my income tax contributions which I couldn't understand the city, county and state shooting themselves in the foot by getting lesser taxes from me. After my retirement I was amazed that many of the county employees were makeing higher incomes than the private sector whose taxes were paying their salaries.

Still doesn't make sense to me.

[Dutchman01]

Originally Posted by MrRational

Best on what basis?
Lots equate best with lowest taxes which certainly is better than high taxes...
but first you have to make the money to be worried about paying taxes.

Best location is where YOUR customers are.Customer = a person or company willing to pay good money for your product or service.

People have been moving to texas right along with the jobs.


source

How bad are things in California? California's domestic migration has been negative every year since at least 1990. In fact, since 1990, according to the U.S. Census, 3,642,490 people, net, have left California. If they were in one city, it would be the third largest city in America, with a population 800,000 more than Chicago and within 200,000 of Los Angeles’ population.

We’re seeing a reversal of the depression-era migration from the Dust Bowl to California. While California has seen 3.6 million people leave, Texas has received over 1.4 million domestic migrants. Even Oklahoma and Arkansas have had net-positive domestic migration trends from California.

[MrRational]

Originally Posted by Dutchman01

People have been moving to texas right along with the jobs.

Are you saying that YOUR customers are not in "the middle of nowhere Arkansas"?
That must be tough.