Tim Kane, senior fellow in research and policy at the Kauffman Foundation, has some advice for President-Elect Barak Obama--and other leaders:"The business environment has become too complicated—taxes, litigation, patents, all these systems are too complex. It's become a very difficult operating environment for someone who simply has a good idea. I think the sheer volume of paperwork required to incorporate, or hire your first worker, is a barrier to start up formation. Tax complexity is probably a bigger issue than tax rates. Our new President and new Congress should focus their attention on streamlining the processes."
Does this advice also apply to state and local governments?
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