Missouri's Low-Cost Business Climate and Incentives Help You Build Your Business
The Missouri Advantage stems partly from the low operating costs that give businesses in Missouri a greater return on investment. Because of the Missouri Advantage, companies like Cerner have recently expanded.
Missouri is poised to be a leader in health innovation because eighty percent of bioscience and other technology-based companies stay in the location where they begin.
- Missouri is home to 94,000 Licensed RN's and LPN's.
- St. Louis Children's & Children's Mercy Hospitals Ranked One of America's Best.
- Washington University in St. Louis - 6th best in nation for research & internal medicine.
- Missouri is home to 6 medical schools.
Missouri's Tax Climate Increases Your Return on Investment
During the last three decades, one key factor in keeping the cost of doing business in Missouri low has been our ability to ensure that our tax burden is as small as possible. Missouri’s low tax burden continues to be a key factor in helping Missouri businesses grow.
(Source:Tax Foundation)
State Business Tax Climate Index Rankings 2012 | |||||||||
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Source: Tax Foundation's State Business Tax Climate Index | |||||||||
State | Overall Rank | Corporate Tax Rank | Individual Income Tax Rank | Sales Tax Rank | Unemployment Insurance Tax Rank | Property Tax Rank | |||
Missouri | 15 | 8 | 23 | 26 | 9 | 7 | |||
Arkansas | 31 | 36 | 27 | 38 | 17 | 18 | |||
Illinois | 28 | 45 | 13 | 33 | 43 | 44 | |||
Iowa | 41 | 48 | 32 | 25 | 35 | 36 | |||
Kansas | 25 | 35 | 21 | 32 | 6 | 28 | |||
Kentucky | 22 | 26 | 25 | 8 | 47 | 19 | |||
Nebraska | 30 | 33 | 29 | 27 | 12 | 37 | |||
Oklahoma | 33 | 7 | 38 | 39 | 2 | 12 | |||
Tennessee | 14 | 13 | 8 | 43 | 27 | 48 |