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Economic Development

5 Things You Need to Know Before You Decide to Move or Open Up a Business

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A number of developments have shaken the nation’s economic-development community of late, casting individual states in new or different lights, and underscoring just how heated the competition is among states for major economic-development wins and CEO business. If you are looking for a new location to move or grow your business, make note of these latest events before making any decisions.

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Tax Cuts Are Becoming Governors’ Favorite Economic Weapon

More governors than ever understand and embrace the idea that cutting and reforming taxes is the best way to improve the business climate, promote job creation, and ensure economic growth. So while politicians in Washington may not have gotten that message, about 20 Republican governors are moving forward with pro-growth tax-relief initiatives in 2015. That is on top of the 14 states whose 2014 tax cuts will take effect this year.

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Governors Are Crossing State Lines to Garner Your Business

If you run a mid-market company, create jobs, pay taxes and ensure community stability, but you’re not feeling the love from your state government, have a little patience: A governor may come calling soon. More state chief executives are dumping politeness and protocol and making job-raiding expeditions to other states.

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