No. 37
Washington
Taxation and Regulations
Workforce Quality
Living Environment
Based on CEO Survey by ChiefExecutive.net
Key Metrics |
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State GDP
Unemployment
Domestic Migration
State Government
State-Local Tax Burden
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Key Companies |
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Development Trend Indicator: Neutral |
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Lack of income tax strains to hide other financial and regulatory snares for business. |
CEO Comments |
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“Oregon, where my business is located, makes it nearly impossible to grow a business because of the tax laws here. We have a 9% state personal income tax that drives good people from the state. Washington, our neighbor, has no income tax and forces high-income quality people to move out of our state and contribute to the neighbor state.” |
Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation