Minnesotans lag in new business starts, Kauffman index finds

  • Article by: Adam Belz , Star Tribune
  • Updated: April 20, 2013 - 6:43 AM

Entrepreneurial activity slipped in 2012, index found.

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mdachsApr. 19, 1311:15 PM

Gee, what a surprise - people don't want to start new businesses in Minnesota!!! Why? High individual income taxes, which make it harder to attract talent from other states. High corporate taxes. Too much regulation and bureaucracy. If someone is willing to come to the northern Midwest, states like the Dakotas, with lower taxes and more business-friendly regulations are much more attractive. All 3 states have the same weather profiles. So,the decision to start businesses rests on those other factors. And, to make matters worse, we re-elected Dayton and a DFL-controled Senate and House. Why would anyone be surprised???

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djs185Apr. 20, 13 1:59 AM

Gee, you'd think! Startups are twice as challenging as an existing business, and it's hard enough to run one in this state with all the new regulations and TAXES. Just look at the property taxes always increasing even if economy isn't. And regulations! Just ask someone who does business with the Dept. of Transportation!

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bootsy07Apr. 20, 13 3:21 AM

Rock bottom. You can't spin this one, and yet our state government's chief concern is finding more things to tax.

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nonewtaxesApr. 20, 13 6:52 AM

The party in power is about to make the situation much worse.

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mom2fourApr. 20, 13 7:08 AM

And still, this state wants to throw even more roadblocks at business. Job creation opportunities important to anyone? Wake up people!

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dvsdan123Apr. 20, 13 7:08 AM

I started my business here in Minnesota 20 years ago. Looking back I should have started it in South Dakota. Will move the business there as soon as the new taxes from the DFL legislature hit us.

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TheCafeCookApr. 20, 13 7:08 AM

Here's why: I am starting a another business. I want to sell candy bars and pop--all sealed, not homemade, etc. I called the Department of Ag and the Health Department to find appropriate license. It was with Department of Ag. Called Inspector. He Stopped out. I was required to put in a hand sink so my potential employee(s) can wash their hands before they hand you a candy bar or a bottle of pop (aside--does anyone in a C-store wash their hands each time they hand you a pack of cigarettes--how is that different?). OK-fine, put the hand sink in--oh wait-I need a master plumber to do it--OK fine, didn't really have the money for it, but ok. Master plumber has to submit plan to State along with a check--care to guess how much that check was? Keep in mind, this is to sell a candy bar. $1100. $1100! Do you know how many candy bars I have to sell to make that up? That's not even the extra money for the plumber! I can only imagine the rules and regs that other business types face. Apparently, Government has to keep making rules to justify its existence, because I recall when I was younger, I would go to the local gas station for my Dad. He'd send me five bucks and instructions to pick him up 3 packs of Benson & Hedges along with something for me. The guy in the gas station would wipe his hands on his shirt, put his cigarette in his mouth, and had me a donut out of the case. No napkin, no waxed paper. Can anyone explain to me how I lived through that? Those germs should have killed me for sure. Weird thing is, I don't smoke either--I'm sure I should have been so messed up because of handling cigarettes for my dad that I should certainly smoke. I didn't always get a trophy either Blahhhh

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mom2fourApr. 20, 13 7:11 AM

Minnesota has and is about to make many other states very happy. There will be no competition for new business from this state. Decisions are very easy for anyone contemplating a business startup - many other better options elsewhere.

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bgronniApr. 20, 13 7:19 AM

Now the dems want to raise the min wage to 9 or 10 dollars, increases in taxes, all kinds like workers comp etc. no wonder. Wouldn't you think a light would come on sometime? Wouldn't you?

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wealthsafeApr. 20, 13 7:25 AM

Small business doesn't stand a chance in Minnesota. Our Business Tax Index is in the high 40`s (48th?) out of 51 states inc. D.O.C. If some of these fine folks would stop taxing the crap out of us maybe we could fill 5 - 10 badly needed positions here in Minnesota instead we outsource those 5 -10 spots overseas....just saying!

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