Kentucky among top 10 states for low business taxes, regulations
Based on a 2011 study by the U.S. Chamber of Commerce, Kentucky ranked as one of the top ten states for a favorable business climate based on low taxes and regulatory burden. The study assessed states on five criteria: overall state and local tax burdens, corporate taxes, small-business costs, state government budget gaps, and cost of living. Kentucky ranked eighth. The state enjoys the nation's lowest cost of living and recently passed legislation to create a ''one-stop'' website for business regulatory forms and interactions with state agencies. Read the full story here.
Based on a 2011 study by the U.S. Chamber of Commerce, Kentucky ranked as one of the top ten states for a favorable business climate based on low taxes and regulatory burden.
The study assessed states on five criteria: overall state and local tax burdens, corporate taxes, small-business costs, state government budget gaps, and cost of living.
Kentucky ranked eighth. The state enjoys the nation’s lowest cost of living and recently passed legislation to create a ”one-stop” website for business regulatory forms and interactions with state agencies.
Read the full story here.
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