State Budget Director Linda Luebbering released the state’s monthly revenue report today, showing a slight downturn in collections compared to July of 2014. July collections 1.2 percent from $512.9 million in 2014 to $506 million this year. Luebbering said the state general revenue fund borrowed $200 million from the state’s budget reserves for “cash flow”[…]
Elected officials often talk about creating jobs and growing the economy. Normally, their rhetoric revolves around using the state treasury to “incentivize” a business to do what they want. Those of us in the private sector understand that a real pro-business environment involves limited regulation, low taxation and fair litigation.
Businesses want to locate and grow in states that have a pro-business climate.