Comments on: Do Taxes Affect the Business Climate? http://www.taxgirl.com/do-taxes-affect-the-business-climate/ Paying taxes is painful... but reading about them shouldn't be. Sat, 21 Nov 2009 12:33:00 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Jim Newhard, CPA http://www.taxgirl.com/do-taxes-affect-the-business-climate/comment-page-1/#comment-3643 Jim Newhard, CPA Tue, 27 Nov 2007 22:18:54 +0000 http://www.taxgirl.com/do-taxes-affect-the-business-climate/#comment-3643 The key in entree -- when entrepreneurs or prospective small business owners see daunting obstacles, their resolve is shaken and they may hedge or defer. Granted, people are an awesomely important resource and factor, but people want to be where they maximize their economics as well -- so a higher tax environment drives up the wage base, providing another small business obstacle! For example, consider the total economic pressures of being in the Crystal City region (DC) versus Manayunk, or West Chester, NY versus West Chester, PA -- this is not to imply PA is a tax friendly state; it's just like a chess game -- you need to look 7 or 8 moves ahead! The key in entree — when entrepreneurs or prospective small business owners see daunting obstacles, their resolve is shaken and they may hedge or defer. Granted, people are an awesomely important resource and factor, but people want to be where they maximize their economics as well — so a higher tax environment drives up the wage base, providing another small business obstacle!

For example, consider the total economic pressures of being in the Crystal City region (DC) versus Manayunk, or West Chester, NY versus West Chester, PA — this is not to imply PA is a tax friendly state; it’s just like a chess game — you need to look 7 or 8 moves ahead!

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