Take a look at this image that shows how business friendly the tax status is of each state.
Hey, Minnesota and Wisconsin, do you see which end of the spectrum you’re on?
Hey, Minnesota, how are those two neighbors to the west, the one’s who have no unemployment problem doing?
Hey, Minnesota, how do the state budget problems of those two neighbors to the west compare to yours? (hint, they do have any problems)
Hey, Minnesota and Wisconsin, want to be more depressed? Read more at the Taxprof!
Revisions/extensions (3:20 pm 9/24/2009, steveegg) – Allow me to ask a few questions for the Wisconsin half of the readership:
Hey Wisconsin, you see that state to the east and the state to the south? That’s right; Michigan and Illinois are more open to business than Wisconsin.
Hey Wisconsin, how do the budget woes of that state to your west compare to yours (note to Shoebox, that’s one thing in Minnesota that isn’t as bad as it is in Wisconsin)?
Hey Wisconsin, how does it feel to be highlighted as one of the states that got it wrong in Tax Foundation’s report (see page 26)?
Hey Wisconsin and Minnesota, how is the individual-income AMT working out? Related to that, hey Minnesota, how is the corporate-income AMT working out?
Hey Wisconsin and Minnesota, what are you going to do about the politicians who admit that their confiscatory tax policies are driving jobs away (see page 7 of the report), yet make them more confiscatory?
Revisions/extensions (3:39 pm 9/24/2009, shoebox) One more….Hey, Minnesota, Wisconsin and any other state or Federal Government that thinks you can tax the “rich” with impunity without repercussion, read this!
[…] Shoebox reported on the Tax Foundation’s 2009 Business Tax Climate report, which put both Wisconsin (43rd) and Minnesota (44th) in the Doghouse Ten. Forbes has some relatively-good news for one of those states, and some really-bad news for the other: […]
Money, especially large amounts of money, is highly mobile.