Senior fellow in research and policy, Kauffman Foundation

"The business environment has become too complicated—taxes, litigation, patents, all these systems are too complex. It’s become a very difficult operating environment for someone who simply has a good idea. I think the sheer volume of paperwork required to incorporate, or hire your first worker, is a barrier to startup formation. Tax complexity is probably a bigger issue than tax rates. Our new President and new Congress should focus their attention on streamlining the processes."