PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

CNBC: 6 Ways States are Creating Small Business Hot Spots – and Jobs

By at 11 July, 2017, 8:47 pm

In a June 11 CNBC piece, reporter Elaine Pofeldt provides a solid snapshot into how states are improving their environments for small business.  She interviews SBE Council chief economist Raymond Keating about the policy issues important to entrepreneurs, and our latest Small Business Tax Index is mentioned.

Some of the key ways states are taking action include:

Low taxes is a lure for small business. Five states — Nevada, Texas, South Dakota, Wyoming and Washington — have no income or capital gains tax, either on individuals or corporations.

With technology firms in places like San Francisco and Silicon Valley grappling with the problem of housing that is too expensive for their employees, states where housing is more affordable are gaining an edge.

Many states are investing in technology infrastructure with the hope of luring more entrepreneurs.

Read the full article here.

News and Media Releases