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How Does Your State Rank For Small Business Friendliness?

A recent survey by Thumbtack rated small business friendliness in states across the country.

Illinois received the worst rating in the survey. Rhode Island and California also received failing grades. Connecticut and New Jersey received D grades. 

Utah, Idaho, Texas, Virginia and Louisiana received the highest rating for small business friendliness. 

The survey looked at several issues, including: 
  • Business-friendly licensing regulations
  • Ease of filing taxes
  • Tax rates
  • Government-sponsored training programs
To see how your state rated, check out the full survey results. 
Rob C June 30, 2014 at 05:27 PM
Do some research on it Ron, 10 and 15 percent is what the average tax liability is for a majority of Americans and corporations after all the tax loopholes and deductions are taken into account. Instead of over complicating things with more pages of tax code, simplify everything and we will end up with more money coming in in the long run. Only people against that are all the CPA's that will be out of work.
david jean June 30, 2014 at 05:59 PM
a modified version of this flat tax would probably be best where corporations pay no income tax and everyone else pays 15 pct with no deductions after the first 20k or so. Corporations pay 15 pct tax at the time of distributions to shareholders (both domestic and foreign to avoid foriegn investors gaining an advantage). This ensures all corporate profits are taxed and noone gets unfair treatment. As for the taxi driver in this scenario he must incorporate himself and go the distribution route. Distributions from single owner corporations (ie. Taxi drivers) would not be treated as income for personal taxes and everyone is a winner.
Disciple July 01, 2014 at 09:51 AM
A flat tax is a non-starter since it punishes those at the lower income strata. We need progressive taxation with very high tax rates on those that make over $3M a year. Eliminate carried interest or any of the other loopholes the wealthy use now. We also need to staff up the IRS to aggressively attack tax havens. I don't see anything wrong with the 35% tax rate for businesses except for the fact that almost no one pays that rate. And lastly we need to go back to tariffs, or to enact VAT taxes, to protect our workers and our industries.
Ron Swanson July 01, 2014 at 06:07 PM
@Disciple, that sounds a lot like some European countries. Maybe you should move to Spain and enjoy the nicer weather....along with higher unemployment and a worse fiscal situation.
Disciple July 02, 2014 at 08:14 AM
@Ron, Germany doesn't have the same problems as us because they have VAT taxes to protect their workers and businesses. Because of those taxes they have a trade surplus. The ONLY deficit people should be worried about is the trade deficit because that represents real jobs and wealth leaving the country. Spain? Why would I go to a post-democratic state? The banks directly rule much of the EU now.

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