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Old 05-03-2011, 06:57 PM   #124
OldSkoolToys
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Quote:
Originally Posted by serialk11r View Post
Oh we have 9.25% here, but it's "temporary", going to expire next year or so, then it'll go down to 8.25% again if they don't pass legislation reinstating it for 5 more years. It was passed to help fill in the giant budget holes, but we all know how that went...stupid politicians.
Tennessee also has lower corporate taxes, which has really helped the job market around Nashville.

Nissan USA moved its corporate HQ from L.A., to Franklin, literally, 2 miles from where I used to live. I'm still sending my resume in on every job opening there. You never know!

It was probably a 2 part deal. The Corporate HQ would be closer to its main USA plant (located in Smyrna, which is literally 5 miles from where I currently live), and they would be paying lower state corporate taxes and local property taxes. Williamson Co. isn't cheap, but I betcha its a helluva lot cheaper on business/property taxes than L.A.
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