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Improving the Economies and Business Climates In Struggling Cities

Examining how taxes, red tape, eminent domain and occupational licensing prevent economic growth
Policy Brief 92

Anthony Randazzo
March 17, 2010

Policies that focus on making entrepreneurship easy and affordable will be milestones in leading a city to a thriving economy. Reducing the tax burden on small businesses will encourage new types of stores, services and production facilities to come back in, or stay in, city limits. Curtailing red tape and licensing procedures will also make cities more attractive to business development.

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