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BUSINESS REPORT: New California Incentives Offer Credits For Job Creation

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Long Beach Community College. California is considered by critics as one of the hardest states in which to grow a business, given its high individual and corporate income tax rates, high sales tax, and conflicting regulations. The San Diego Enterprise Zone, which ended Dec. By Business Facilities Editorial Staff .

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STATE INCENTIVES GUIDE

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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.

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Location Focus: Washington – Scenic Vistas And Soaring Industry Side By Side

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The industrial park is zoned for heavy industry. Washington’s Long Beach Peninsula sits between the ocean and Willapa Bay, home to some of the nation’s leading oyster beds. Oysters, shrimp and crab are among the primary income producers, but shellfish are only part of the story. 30 minutes to downtown Seattle.

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

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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. After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year.

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Heroic Efforts In California

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With a population of 108,000 within the city, an average age of 34 and an average family income of over $105,000, Murrieta is recognized as a premier community for new residents and businesses seeking a safe community with a high quality of life. Sited along Interstate 15 and U.S. A CITY WITH INDUSTRIAL STRENGTH.