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Mon., Oct. 14, 2013, 4:57 p.m.

Washington’s tax climate not so bad; in fact, it’s one of the best, study says

Is Washington a bad state for business or isn't it? For many, it's a matter of faith that Washington picks on businesses with a relentless list of taxes, led by the oft-maligned Business and Occupation tax.

The Tax Foundation, however, begs to differ. According to its newly released Tax Climate report card, Washington is the sixth-best state, in terms of business taxes.

The only states better, the foundation says, are: Wyoming, South Dakota, Nevada, Alaska and Florida.

The report is online at this link. Diving a little into the methodology, Washington scores high by not having an income tax and for having a relatively modest state sales tax.




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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.