et’s get right to the point…For several years running the Tax Foundation has named Wyoming the “Best State Business Tax Climate.”
The Tax Foundation’s rankings are based on an index factoring in five areas – corporate taxes, individual income taxes, sales taxes, unemployment insurance taxes, and taxes on property, including residential and commercial property.
Wyoming is also committed to growth, as was recently noticed by the U.S. Chamber Foundation when it ranked the state #6 in economic performance and #3 for business climate. USChamberFoundation.com paid tribute to Wyoming’s efforts in the technology sector, but also the state’s focus on historic downtowns. “Wyoming’s Main Street program offers communities throughout the state access to technical assistance for downtown revitalization efforts,” says the site. “Backed by the Wyoming Business Council and the state’s Rural Development Council, the Main Street Program is focused on helping create downtown cores capable of spurring business development and job creation at the local level.”
Douglas is an affiliate member of the Wyoming Main Street Program. Main Street Chair Deb Gorsuch says, “This has allowed us to bring an emphasis to improving the look and feel of our downtown and giving people a reason to come there by offering more retail, restaurants and bars, and a variety of events throughout the year.” Working with the Main Street program, the City of Douglas has written a downtown master plan identifying a significant number of improvements to be made and a timeline to accomplish these projects. Via key partnerships Main Street Douglas is involved with a number of projects to enhance the historic downtown while adding new updated features.
A few of the things you'll find in Douglas...
- an active Main Street program
- the Wyoming Law Enforcement Academy
- the Wyoming State Fair & Rodeo
- several well-maintained and loved historic sites
- an award-winning hospital
- a new library (2016)
- a new community college campus (2015)
- a new county justice center (2018)
0% Individual Income Tax
0% Corporate Income Tax
4% State Sales Tax
The Wyoming Business Council was created to help businesses looking to expand or relocate within the state. Several resources are available online at www.WyomingBusiness.org.
Douglas is a great place to live and to do business,” says Mayor Bruce Jones. “The city has streamlined the planning process, making it easier for businesses to carry out their work here. We have a first-class hospital, great parks, a beautiful walkway along the North Platte River, recreational opportunities for families, a great school system and one of the top golf courses in the state of Wyoming. Come work and play in one of the finest cities in Wyoming.”
Wyoming regularly makes headlines, receiving accolades from the business community…
- Most Business Friendly Tax Climate
- First in the Mountain Region Workforce Development
- Second Best State to Start a Business
You can find a more complete list at WyomingBusiness.org, but the overall message is that communities like Douglas, Wyoming are primed for growth. Douglas has taken advantage of many opportunities to ensure they’re rolling out the red carpet for potential businesses. The community developed a business park that provides both easy access to the community and Interstate 25. Over 33 developable lots spanning 275 acres are available. That total doesn’t include a 1,312 acres of developable property located on the community’s southwestern edge.
“Business friendly,” “abundant opportunities” and “ready to go to work” are just a few of the phrases that sum up business on MOUNTAIN TIME. Schedule a visit. The Douglas community welcomes the opportunity to share the many possibilities available here on MOUNTAIN TIME.