Small Business &
Entrepreneurship Council Rank Wyoming in Top 3 of Policy Environments
for Entrepreneurship across the Nation
Wyoming ranked 3rd, in overall ranking out of 51states (including the
District of Columbia) in the Small Business & Entrepreneurship Councils' “Small
Business Survival Index 2006”
In coming up with the ratings, the eleventh annual Small Business
Survival Index tied together 29 major government-imposed or
government-related costs impacting small business and entrepreneurs
across a broad spectrum of industries
and types of businesses. SBE Council CEO and President Karen Kerrigan
added, “The ‘Small Business Survival Index’ is notable for its breadth.
These costs include personal income tax, capital gains tax, corporate
income tax, additional income tax on S-Corporations, individual
alternative minimum tax, corporate alternative minimum tax, indexing
personal income tax rates, property taxes, sales, gross receipts and
excise taxes, death taxes, unemployment tax rates, health care
regulation: guaranteed issue for small groups, health care regulation:
guaranteed issue for self-employed group of one, health care regulation:
community rating, health care regulation: number of mandates,
electricity costs, workers' compensation costs, total crime rate, right
to work, number of bureaucrats, tax limitation states, internet taxes,
gas tax, state minimum wage, state legal liability costs, regulatory
flexibility status, trend in state and local government spending, per
capita state and local government spending and protecting private
property.
For reasoning of the specific cost areas, download the entire
2006 Index report.
For the press release visit the
SBEC
website.