What are the assistances given by the government to entrepreneurs?

Answer 1

In the United States, business incentives happen at every level of Government.

For 'for profit' companies, the Small Business Association offers programs that allow for 'Uncle Sam' to co-sign on credit for the business.

Tax credits/incentives exist for businesses to encourage/promote specific business actions.

State level programs exist as well. at the City level, businesses can offer apply/lobby for a tax ebatement, or a 'get out of tax free' card for x amount of time. The idea is that gov't wants the business to thrive, and the profits from the thrive will be greater than taking the tax. (more taxes later, vs some now).

On a non profit business the Federal Government offers thousands of Federal Grants, Work Studies, Co-Opps, and alike. Nearly 100 Federal Offices manage/provide competitive non profit funding.

State programs for non profits tend to be more specific to criteria of a program.

The priorities/problems of the community can be conveyed in business/government incentives. For example, In Indiana residents may take a Renter's Deduction. If they rent a dwelling, they are taxed less than one who owns. In Arizona how ever there is a renter's tax of $50 a month tied into the landlord/rental agreement monthly rent amount.

What does the difference tell us about the two States?