The Small Business & Entrepreneurship Council (SBE Council) has released its 19th annual “Small Business Policy Index 2014: Ranking the States on Policy Measures and Costs Impacting Small Business and Entrepreneurship.” Based largely on broad-based taxes, Vermont was 45th overall.
Raymond J. Keating, SBE Council’s chief economist and author of the study, noted, “The Small Business Policy Index provides the most comprehensive comparison of state policies that affect entrepreneurship, small business and investment. And make no mistake, tax, regulatory, government spending and other governmental performance and cost measures matter state by state. Consider that when it comes to economic growth, population growth, and shifts in population among the states, for example, the top 25 states on the Index perform, on average, far better than the bottom 25 states.”
To view the complete index please visit: http://www.sbecouncil.org/wp-content/uploads/2014/12/SBPI2014Final.pdf
Davis and Hodgdon Associates CPAs has been assiting nonprofits, individuals and businesses with tax and accounting services in the Burlington Vermont Metro area for more than 20 years. If you have any questions or concerns please feel free to call 802.878.1963 or email [email protected].