Home > Uncategorized > Mayor Bloomberg: Low taxes aren’t the most important priority for business

Mayor Bloomberg: Low taxes aren’t the most important priority for business

September 13, 2012 Leave a comment Go to comments

If Washington really wants to help businesses, New York Mayor Michael Bloomberg says that politicians need to stop obsessing so much over tax rates.

When it comes to improving the business climate, “Usually the pundits think of this as lowering taxes,” Bloomberg said in a Wednesday speech in downtown D.C. “But taxes are just one element of the environment — and usually not the most important. The first question most entrepreneurs ask is not can I afford the taxes — it’s not that. It is: Who are my customers, and where do I need to be to serve them, and how do I get up and running  quickly?”

via Mayor Bloomberg: Low taxes aren’t the most important priority for business.

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