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Arizona Commerce Authority CEO Sandra Watson on efforts to lure California businesses to Arizona.
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Our drive and -- to California -- California.
California's wealthiest residents as we all now facing higher taxes.
And their businesses well tons of new regulations.
Existing opportunities states like Nevada Arizona Georgia Texas and Tennessee are sending recruiters to the gold state.
To lure businesses with the promise of lower taxes and less regulations.
-- -- -- -- CEO of the Arizona -- authority which has opened up to offices in California.
She joins us now did not find -- so interesting -- set these offices up and then what do you Sam likes outs out to go top to see growth.
Actually we have to -- is that we just established in California one in Santa Monica on the other -- senator Barack.
Our focus is -- continuing to -- bilateral.
Business relationships between Arizona and California.
-- Arizona one of the top states for businesses to work in Texas being number one yet.
Low corporate tax is low real estate taxes for commercial properties I would think it would be pretty easy to lure these businesses in what's.
Apps -- Well where -- actually had great success in working went back California business says are as they -- our strategy is to work with California businesses who are looking to expand their operations outside of California.
In addition to that we're working with Arizona doesn't says.
Hello are looking for new markets California has -- ninth largest economy and the world and airs on his proximity California's a real advantage for our businesses.
Companies like PetSmart and -- -- -- are there already getting some pretty good corporate tax breaks.
Can -- continue to afford to offers such such good deals.
Iron -- -- -- governor prayer and our state legislature have aggressively then plane and sand and in enacting policies and -- -- Increase opportunities for businesses -- -- successful they have run.
High to very acre grass.
Agenda as to ensure that we are pro business -- -- -- lower taxes last regulation the focus and Arizona's.
To insure that doesn't.
-- can succeed -- do you present these California corporations.
Basically a breakdown -- how much money they would save if they came to Arizona could even it even employees would save on property taxes -- -- taxes as well.
Absolutely we have a very comprehensive strategy we've got.
Exports at experts on the ground in California and Karen Arizona and we outlined the value proposition for those companies says -- significant opportunities to grow.
Your mark get access time in Arizona while still -- -- with businesses in California and globally.
Yeah and the play is only about an hour from Phoenix LA so it's not like you don't -- -- that far -- watching with the Arizona commerce Atari I think it's pretty darn cool.
Thanks pricey and nasty when not is that the worst stay in our fine union to work if -- questions.
New tally New York read about it that they again Jersey has climbed the few we like 47 -- -- buying utter she's writing in forging ahead are.
