Minnesota ranked among best states for small businesses

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A nationwide survey that measures the business friendliness of each state gave Minnesota high marks for making it easy to start a small business, MinnPost reports.

Overall, the survey ranked Minnesota at No. 11 among all states, and the Twin Cities area at No. 17 out of 57 metro areas.

However, grades on taxes, licensing and regulations were not as favorable in both the state and metro.

Click here, for the complete survey results.

“States offering businesses and their top executives the lowest taxes usually offer the rest of their citizens the lowest incomes, the fewest public services and the highest crime rates,” Dayton told MinnPost. “Furthermore, their job growth typically lags ‘high value and high performance’ states like Minnesota.”

However, some business leaders remain concerned about proposals by Dayton and the DFL Legislature to raise the state’s top income tax rate.

In his State of the City speech last month, St. Paul Mayor Chris Coleman said, "“We have made business-friendliness a priority for St. Paul, and more and more local businesses are choosing to invest here. But as many of our council members and local business owners know, navigating the permitting process can be tricky. We as a city can and must do better.”

Watch the speech below:

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