California’s financial problems may have gotten worse by $388 million, according to an August 16 Nevada trial verdict in favor of an inventor mistreated by California’s Franchise Tax Board. The unprecedented case highlights California’s enforcement tactics and points to the solution for state revenue instability.
As the most economically free state, South Dakota’s business climate is thriving and companies are relocating and opening plants in the state. A full list of all 50 states and their rankings and the data underlying the rankings can be found in the latest edition of the U.S. Economic Freedom Index: 2008 Report.
