Governors are Reforming Regulations and Cutting Taxes
Apr 29, 2013
At America’s Small Business Summit, Govs. Paul LePage (R-ME), Tom Corbett (R-PA), and Scott Walker (R-WI) discussed what their states are doing to create jobs and grow their state economies. Gov. Corbett summed up their work: “It’s the environment we create that helps make private sector jobs.” Regulatory reform and tax cuts top the list.
Gov. LePage called regulatory reform "the single-biggest thing we did.” Over the course of several town hall meetings, his office discovered that businesses were mostly concerned with regulatory bureaucracy. In response, Maine hired state employees just to help businesses slice through red tape.
Govs. Corbett and Walker touted lowered taxes in their states. In Pennsylvania, the inheritance tax on family farms was eliminated, and the tax on health saving accounts, popular with many small businesses, was axed in Wisconsin.
All three governors worried about the implementation of the Patient Protection and Affordable Care Act (PPACA). Gov. Corbett said it gives businesses in Pennsylvania a “great fear of the unknown.” Many are not hiring because they’re uncertain of the health care law’s added costs. Many businesses in Wisconsin told Gov. Walker that they’re choosing to hire part-time workers instead of full-time ones because of the law. Gov. LePage thinks the law will "put this country in a spiral."
Find out how Maine, Pennsylvania, and Wisconsin are succeeding in job creation and economic growth with the Enterprising States’ interactive map.