Friday, February 22, 2008

Kosmont Cost of Doing Business Survey - SoCal

It have been awhile since my last Google Earth post, so here is a little data mashup of the Kosmont Business Survey

Basically, the Kosmont-Rose Institute publishes a survey which ranks cities from $ to $$$$$ based on the cost of doing business in the following criteria:
1. Business Taxes
2. Telephone Taxes
3. Sales Taxes
4. Property Taxes
5. Electric & Utility Taxes
6. State Corporate Income Taxes

The graphic above shows cities in Southern California based on the Kosmont Cost Ratings. Red is a city with a cost rating of $$$$$, while blue represents a cost rating of $. (Green is $$, Yellow is $$$ and Orange is $$$$).

The big red blot in the middle is the City of Los Angeles, which has quite a large number of taxes, but what kills it is a professions tax (LAMC code 21.190) which imposes a $5.50 tax per $1,000 in revenue annual tax for self-employed people engaged in "professional activity".

A surprise for me includes the big red blotch in the Inland Empire, the city of San Bernardino/ Rialto. I am not sure why these cities received the dreaded 5 dollar rating, but it may have something to do with its $2.50 per $1000 in revenue professional business fee.

That red blot in Orange County? It's Irvine.




1 comment:

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