How do the revised rules in the Bipartisan Budget Act of 2015 affect you and your business?
Attributes helping Colorado get to No. 9 were no death tax, fairly low corporate income and capital gains taxes, low consumption-based taxes, low unemployment taxes and low workers’ compensation costs.
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Elements working against Colorado were the imposition of individual alternative tax, high property taxes, high number of health insurance mandates and a high minimum wage.
South Dakota was ranked as the most favorable state, while California was the least-favorable.