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News/Community Wire/Archive/Nov 19, 2012
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California will raise taxes and Alberta will benefit

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California will raise taxes and Alberta will benefit (Alberta Times) Is California’s budget woes actually good news for Alberta? Maybe. California residents passed Proposition 30 last week…

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>Alberta benefits from California’s tax hike (Alberta Times) Is California’s budget woes actually good news for Alberta? Maybe. California residents passed Proposition 30 last week, which would increase sales taxes by $250,000 a year for all Californians. Recently, the Greater Phoenix Economic Council (GPEC) took action to invite 50 California CEOs to Arizona, and sincerely invited California entrepreneurs to live and do business in the state with a lower tax rate than California. Some of these high-profile companies have expressed interest in developing in Alberta.

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