A good problem to have

[SunsetBengal]

(06-21-2017, 11:33 AM)Belsnickel Wrote: Seems to me that it has more to do with the location of natural gas/oil or the type of product being manufactured than public policy.

Hmm, I don't know.  Seems like policy might have a hand in making Indiana one of the more business friendly States.

http://www.launchpad-class.org/profiles/in.htm

Quote:Indiana offers a range of different credits that could be advantageous to your business. One of these is a flat corporate tax rate. This means that all corporations pay the same rate, and this is a great incentive for large companies. In Indiana, you will not have to pay an inventory tax either. Indiana has also recently lowered some of its tax rates, and they will continue to do so over the next few years.

The state of Indiana will also reward you if your company creates new jobs and invests money in this state. There are grants available for training of employees, as well as many other types of grants your company may be eligible for. One of the programs designed to benefit companies that create new jobs is called the Hoosier Business Investment Tax Credit. To qualify, you will have to meet certain conditions, and these involve the type of business you are starting, the amount of money you are investing, and the number of jobs it will create.
If a business relocates to Indiana, the business may be entitled to a tax credit called the Headquarters Relocation Tax Credit, HRTC. This credit is based on a company's gross revenues and the number of employees it has on staff.

While I've also read that neighboring Illinois ranks 48th on the business friendly list.

http://chiefexecutive.net/2017-best-worst-states-business/

Quote:48

Illinois
Starting under Gov. Bruce Rauner's administration, the Illinois Competitiveness Council is dedicating efforts to helping small businesses start, expand or stay in Illinois. The administration also is working to cut the red tape and make it easier for businesses to grow and thrive in Illinois, in part by reducing restrictions within the Illinois Code by 25%.