Washington Ranks as one of the Most Burdensome Regulatory States for Small Business

Date: December 15, 2015

Regulatory hurdles pile high for Washington small business owners.

Finishing in the bottom 10 is never good, especially when it comes to regulations for small business owners. Unfortunately, according to the 50-State Small Business Regulation Index report from the Pacific Research Institute, a San Francisco-based free-market policy advocate, Washington rang in as the 42nd worst state for regulations.

States were judged on 14 regulatory components, which included elements such as workers’ compensation to occupational licensing rules.

“The Index creates a common platform to compare each state’s regulatory burdens on small businesses in order to highlight which regulatory environments are associated with slower small business growth, and which regulatory environments are associated with more robust small business activity,” the report states.

Not being a right-to-work state, the report suggests, is just one of the elements hurting the state of Washington—and also an infringement on overall economic growth. Other areas where Washington struggled, according to the report:

  • Unemployment Insurance: At $41,300, Washington has the highest taxable wage base in the country.

  • Minimum Wage: The state also has the highest minimum wage in the country at $9.47.

  • Family Leave: Washington’s statewide policy ranks as the third most severe in the country.

For more on these issues and other matters affecting your business, visit NFIB.com/Washington.

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