Business taxes affect business decisions, job creation and retention, plant location, competitiveness, and the long-term health of a state’s economy. Thus, a state with lower tax costs will be more attractive to business investment and more likely to experience economic growth.
The energy industry is vital for economic development, job creation and energy security. Russia's invasion of Ukraine should be a wake-up call that our nation needs enhanced energy independence – one that requires federal and state governments to reverse bad policy decisions that have adversely impacted our ability to produce energy, including a lack of pipeline infrastructure.