#31 Washington


#36 in Taxation and Regulation

#11 in Workforce Quality

#13 in Living Environment

Right to Work?

Regional Profile – West

STATE
OVERALL REGIONAL RANK
TAXATION & REGULATION REGIONAL RANK
WORKFORCE QUALITY REGIONAL RANK
LIVING ENVIRONMENT REGIONAL RANK
California
9
9
9
9
Colorado
3
6
7
2
Idaho
5
2
2
1
Montana
6
5
4
4
Nevada
1
3
6
8
Oregon
8
8
8
7
Utah
4
4
1
3
Washington
7
7
3
5
Wyoming
2
1
5
6

Key Industries

Aerospace & Defense, Biotech, Clean Tech, Forestry, I.T., Maritime

Key Companies

Amazon

Capital One

Costco

General Dynamics

Lockheed Martin

Microsoft

Starbucks

Weyerhauser

Advantages

Job cuts announced last year by Boeing and Microsoft will likely be offset by hiring at Amazon, helping prod the state’s efforts to at least keep pace with national job recovery.

Washington spends over $2.4 billion per year on incentives.

Challenges

Washington imposes gross receipts taxes instead of corporate income taxes. Gross receipts taxes are thought to be more economically harmful than corporate income taxes, according to the Tax Foundation.

Key Contacts

Dept. of Commerce

Brian Bonlender, Director
360-725-4000
1011 Plum Street SE
P.O. Box 42525
Olympia, WA 98504-2525

brian.bonlender@commerce.wa.gov
http://www.commerce.wa.gov/about/Pages/default.aspx

CEO Comments

“Washington and Ohio prove strong incentives for entrepreneurship. The availability of well-trained workers with team oriented values is good in both states.”

“Washington, Nevada and Montana claim to be business friendly, but they have high taxes, T & E costs, and laws favoring organized labor.”

YOU MIGHT ALSO BE INTERESTED IN…