State Comparison

Variables Flag of Florida
Flag of California
Economic Outlook Data
Overall Outlook Rank 14th 47th
Top Marginal Personal Income Tax Rate 0.00% 14.40%
Top Marginal Corporate Income Tax Rate 5.50% 8.84%
Personal Income Tax Progressivity (change in tax liability per $1,000 of income) $0.00 $42.24
Property Tax Burden (per $1,000 of personal income) $27.14 $27.97
Sales Tax Burden (per $1,000 of personal income) $26.00 $20.31
Remaining Tax Burden (per $1,000 of personal income) $17.46 $15.87
Estate / Inheritance Tax Levied? No No
Recently Legislated Tax Changes -$0.13 $0.03
Debt Service as a Share of Tax Revenue 4.71% 5.63%
Public Employees Per 10,000 of Population (full-time equivalent) 397.5 483.3
State Liability System Survey (tort litigation treatment, judicial impartiality, etc.) 62.3 60.2
State Minimum Wage (federal floor is $7.25) $12.00 $16.00
Average Workers’ Compensation Costs (per $100 of payroll) $1.26 $2.26
Right-to-Work State? (option to join or support a union) Yes No
Tax Expenditure Limits 2 2
Economic Performance Data
Overall Performance Rank 1 21
State Gross Domestic Product 78.42% 70.28%
Absolute Domestic Migration 1,842,265 -1,842,906
Non-Farm Payroll Employment 28.34% 19.93%
Florida Profile California Profile

    Rich States, Poor States 17th Edition

    The 17th edition of Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index is the latest in our annual series examining each state’s competitiveness and economic outlook. Used by lawmakers across the states…
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