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California’s loss may be Arizona’s gain (access required)

California’s loss may be Arizona’s gain <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/12/lock1.png" border=0/></span>

California’s notoriously high taxes just got higher, and Arizona policymakers are looking to take advantage of the newfound opportunity to lure the Golden State’s businesses here.

On Election Day, California voters approved Proposition 30, which implements a four-year sales tax increase and a seven-year income tax hike on people who earn more than $250,000.

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