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Friday, February 13, 2015

‘Maryland has not nearly reached its potential,’ business report says

Gov. Larry Hogan (R) won a surprise victory in liberal Maryland last fall in part by promising to make the state a better place to conduct business.

On Thursday, the senior Democrats in Annapolis presented him with a blueprint on how to do it.

A report by the Maryland Economic Development and Business Climate Commission identified 10 challenges holding the state back economically, including a scattered and ineffective economic development strategy, too much reliance on federal jobs and a culture where government officials often seem more interested in enforcing rules than fostering growth.

The commission provided 32 suggestions for how the state can change.


1 comment:

Anonymous said...

There needs to be a lower tax rate for micro businesses those with sales under 250,000 so they can reinvest there capital.