Remove Budget Remove CA Remove Debt Remove Income
article thumbnail

California is Rolling in Dough

Buisness Facilities Contributed Content

State legislators now are busy arguing over how to spend a budget surplus estimated at up to $4.4 Jerry Brown–who wielded his budget-cutting sword like a Samurai warrior during the darkest days–is firmly in the rainy-day fund camp. Southeast Utah Wisconsin budget surplus california san quentin' Far West U.S.

article thumbnail

Black Gold Rush

Buisness Facilities Contributed Content

The Bakken oil boom has filled North Dakota’s fiscal coffers to overflow, with annual surpluses a given in the state budget. The housing market collapse devastated the Golden State at the same time it faced a fiscal reckoning brought on by decades of piling up long-term debt. Last year, CA Gov.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

Income 75
article thumbnail

Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

home and bring 200 high-quality jobs to Middle Tennessee,” Lee said, when Mitsubishi Motors North America officials announced the automaker will relocate its headquarters to Franklin, TN from Cypress, CA. Tennessee is proud to be a right-to-work state with no personal income tax on wages. CA STILL THE SOLAR KING, NC NO.

article thumbnail

LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

Buisness Facilities Contributed Content

The nation’s largest state has been painfully taking its fiscal medicine in huge dollops during the past four years, in the form of deep budget cuts and huge tax increases. Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion.