Many different things are called corporate welfare. What appears to be corporate welfare to one person, does not look like it to another. I would suggest that we look at corporate welfare on a case by case basis. We should develop a philosophy of acting in the best interests of the State of Minnesota, not what is best for the pocketbooks of a few individuals.
Retention of Businesses in the State
The best way to keep businesses in Minnesota is to lower taxes. Everyone from businesses to individuals pays too much in taxes, in too many ways. We need to identify the services that should be provided by the government, and those that can be provided by the private sector. Next we need to find the ways the government can most efficiently offer its services, and encourage the private sector to competitively and efficiently provide its services. We should encourage the private companies to work with all levels of government to create jobs and provide services in ways that are not currently happening.
Small Business Development
The very nature of capitalism encourages people to think in new and innovative ways. We should find ways to reward and encourage individuals to create and develop small businesses.
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