Nevada Reels Them in from California

You can't tell the story of California in 2003 without talking business. The Golden State's controversial and costly business climate was at the center of the maelstrom this year as politicians, business owners and workers battled over workers' compensation, health care and other thorny issues.

For many, the debate came too late, and they've moved on to cheaper pastures. While the fact Nevada has no personal income and no corporate income tax no doubt factors into business decisions about expanding or relocating, Nevada did something right: 25 of the 74 businesses that came to Nevada in fiscal year 2003 came from California, according to Nevada Commission on Economic Development records. "The current political climate has made it easier to attract new business to Nevada,'' said Jeanie Ashe, director of marketing at the commission.

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