The Tax Foundation has released its annual State Business Tax Climate Index for 2010, with good news for Indiana – we advanced two positions in the rankings, from 14th to 12th, and continue to lead the Midwest in business tax competitiveness. Download the Executive Summary here and view the full report here.
While ‘business climate’ is an increasingly complex concept in today’s knowledge-based, innovation-driven economy, taxes still matter to companies seeking a hospitable location to locate and grow. This latest news is certainly positive for the state’s prospects for attracting jobs and investment – the surest way to overcome the current fiscal challenges we’re facing.
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