How much do taxes matter for business location, compared with other things like labor, utilities and transportation costs? As outlined in our recent State Business Tax Climate Index, an enormous amount of ink has been spilled over the years trying to definitively answer that question.Bottom line: "Taxes represent 7-13 percent of total location-sensitive costs for mannufacturing operations, and three to seven percent for non-manufacturing operations." That means, according to KPMG taxes are comparable in economic importance to both utility and transportation costs.
Friday, March 31, 2006
Follow up: Nebraska is a high cost state. Does that matter? New KPMG study finds tax burden is up there with transport and utility costsTax Policy Blog.
Posted by stan_sipple at 2:04 PM