Washington, D.C. (PRESS RELEASE – April 15, 2011) - The Small Business & Entrepreneurship Council (SBE Council) published the “Business Tax Index 2011: Best to Worst State Tax Systems for Entrepreneurship and Small Business.” The index ranks the 50 states and District of Columbia according to the costs of their tax systems for entrepreneurship and small business.
Raymond J. Keating, chief economist for SBE Council and author of the report, said: “Higher taxes have an impact on a state’s competitiveness. There is a reason why low tax states are better able to attract investment, and ‘Business Tax Index 2011′ helps to shed light on the tax burdens that are affecting the decisions of individuals and businesses. In many states, elected officials continue to propose tax increases – and actually raise them – in order to fund out-of-control government spending. High levels of spending translate into increased tax burdens on the entrepreneurs and investors who drive economic growth and job creation.”
To read the full, original article click on this link: SBE Council’s “Business Tax Index” Ranks State Tax Systems