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Mar 08, 2011

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Phoenix Woman

Good catch!

Phoenix Woman

Oh, and can we start calling them "ThaiTech" now, being that's where they're going? They're probably going to change their name anyway.

Colin Lee

Logic isn't the strong suit with these folks. First, they argued that Minnesota was losing jobs to South Dakota due to taxes after TCF moved a mail drop there to qualify for weaker usury laws. Now, they're arguing Minnesota is losing jobs to Wisconsin. They always claim taxes are at fault.

The simple, undeniable reality is that Minnesota overall business taxes are lower than in Wisconsin and South Dakota. Should they instead be claiming that Minnesota's third-lowest unemployment rating is because we're a low tax state?

According to a 2009 study by the Council on State Taxation at cost.org, Minnesota overall business taxes only amount for 4.3% of gross state product. This is compared to 4.9% in South Dakota and 4.6% in Wisconsin. Both South Dakota and Wisconsin tend to have higher property taxes because of their lower income taxes, which harm small businesses and new startups that produce the most jobs.

However, the single greatest source of frustration for startups and small businesses is not taxation, according to the right-leaning NFIB. Every recent small business survey they've conducted for years has shown the cost of health insurance as the single greatest impediment to small businesses in America.

Phoenix Woman

"Every recent small business survey they've conducted for years has shown the cost of health insurance as the single greatest impediment to small businesses in America."

Yup, which is why North American automakers looking to actually build cars from the ground up, which requires skilled and educated labor (as opposed to merely putting together pre-made parts, which doesn't require as much skill -- which is how various Japanese carmakers can have final-assembly plants in right-to-starve states with deliberately-horrible public education), are opening up shop in Canada, which, unlike the US, doesn't have private health insurers, much less a fantastically rich and huge health insurer lobby that can warp or even kill legislation that threatens its existence or even its profits.

Randy O. Olson

I hope some of you flog this bastard (Glenn) in your local newspaper opinion pages.

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  • All of the statements, opinions, and views expressed on this site by Sally Jo Sorensen are solely her own, save when she attributes them to other sources.

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    Sorensen, editor and proprietor of Bluestem Prairie, serves clients in the business and nonprofit sectors. While progressive in outlook, she does not caucus with any political party.

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