Hands down, Arizona is a more cost-effective place to run a business than its neighbor, California.
The Grand Canyon State offers lower costs for both operating a business and attracting talented employees.
In Forbes magazine’s most recent Best States for Business rankings, the Arizona business costs metric landed in 8th place. California ranked 31st.
The Tax Foundation’s “2020 State Business Tax Climate Index” put Arizona in the no. 20 spot and California at no. 48. Arizona excels over California in all the component tax rankings.
The Kiplinger 2019 Tax Map, which compares state taxes for individuals, names Arizona the 9th most tax-friendly state in the U.S. California was deemed “tax-friendly,” the second tier of 10 states.
Read my detailed business-cost presentation that shows the real numbers between California and Arizona business costs and workforce taxes. You’ll agree that Arizona merits a strong look when you’re considering opening, expanding and relocating your business.
I can help you make sense of all the numbers to create the best plan of action. Plus, I can tell you about special state incentives that could further reduce your Arizona business costs. Contact me at michae@cretucson.com for a free consultation.
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