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The State of State Taxes

Andra Ford, Time Magazine In the war for jobs, low rates are powerful ammunition. Forget outsourcing. With jobless rates still topping 10% in...

Andra Ford, Time Magazine In the war for jobs, low rates are powerful ammunition. Forget outsourcing. With jobless rates still topping 10% in California, Nevada and Rhode Island, states are competing fiercely with one another — not just China or India — to retain businesses. In 2011, 77% of mass job relocations in the U.S. were interstate, up 5% over 2009, according to the Bureau of Labor Statistics. Translation: the incentives race is heating up. Read more