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Is Minnesota friendly to small businesses?

Wednesday, April 17, 2013

A recent survey of nearly 8,000 small businesses across the nation found that taxes were not the prime concern of small businesses when rating the business climate of their state or city, with licensing and regulatory issues ranking much higher.

The new survey did not impress John Spry, a professor of business economics at the University of St. Thomas. He said economists prefer to study data about business decisions and how they are influenced by policy changes such as tax increases.

“This kind of survey is designed to get into newspapers,” Spry said.  “There aren’t a lot of surveys like this that are used in economic literature.”

 

Originally published: 04/17/2013, MinnPost