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2323Lake Wales Area Resident and Visitor Guide Good year-round weather a quality transportation infrastructure an excellent business tax climate a low- cost operating environment and a pro-business mindset at most levels of government. All are positive reasons to start a new business or expand an existing one in Florida and in particular in greater Lake Wales. Yet there are even more reasons nancially benecial reasons for the short and long term for business owners or entrepreneurs to take a hard look at Lake Wales as a company home or a place to launch a satellite operation. Depending on the type of enterprise its size the number of people it employs the income potential for employees and other factors a company seeking to build in or relocate to Florida can qualify for one or more business and tax incentives. Offered at the state level on down these incentives were put into place by forward- looking public leaders to encourage new business activity develop new industry and foster job creation. Florida consistently gets high marks by the Tax Foundation in the organizations annual State Business Tax Climate Tax Index for 2015 the Sunshine State comes in at No. 5 and the state extends its pro- business and low-tax policies with several economy- building incentives. The state offers such incentives as a Qualied Target Industry Tax Refund and Economic Development Transportation Fund various sales tax exemptions and a Quick Response Training Program. Various special funding resources also are available. Industrial Revenue Bonds IRBs and the Polk County Economic Development Ad Valorem Tax Exemption are the key county programs available to businesses that want to set up shop here. In addition to the county business incentives CareerSource Polk is available to help companies with their hiring recruiting and training needs. Career Source Polk is a nonprot corporation that oversees workforce development resources for the countys residents and businesses. Services include help with online applications applicant screening testing getting new hires started and conducting job fairs.