The January edition of CFO magazine has an interesting article about the relationship between state development authorities and same-state taxing agencies.  The article documents that a number of state development organizations promise and deliver some nice incentives to encourage corporate moves and expansions.  The "hook" in some incentive packages is that state taxing authorities recoup the incentives (and sometimes more) through tax channels.

The magazine did a poll of CFOs across the country and asked them to rate the "business friendliness" of all fifty states when it comes to taxes.  The exact wording of the question was, "What is your overall impression of the tax environment in this state?"  Nevada was rated by CFOs who responded to this poll as having (the) most fair and predictable tax environment.