WASHINGTON (Gray DC) South Dakota has been known for its business friendly climate, but will that continue under a Trump presidency?
South Dakota lawmakers say that depends on a few factors.
“I think South Dakota is a really attractive place to do business because we have low taxes, sensible smart regulations and a great work ethic," said Sen. John Thune (R-SD).
Sen. Thune says that a strong work ethic makes business owners take notice of the state.
“We have a work force that shows up and works very very hard when they get there," Thune explained. "I think those are the types of things that will attract businesses to our state.”
However, that isn't the only reason for the business boom. The senator also credits low unemployment.
“We are number one in the nation in terms of the unemployment rate and I hope that that continues," Thune said. "We want to make it a place that's attractive for businesses to locate.”
For the first time, the Mount Rushmore state has become the nation’s top moving destination, according to a recent United Van Lines National Movers Study. However, Sen. Mike Rounds (R-SD) says there’s still more work to do.
“The fact is that our economy, like the economy of the rest of the nation needs a jump start. We need the new business activity," Sen. Rounds said.
Rounds says he is hopeful that a Trump administration will help continue the business friendly climate, but says it all starts with Congress.
“When we look at tax reform and tax simplification coming in, what we want to do is, make sure the people in South Dakota that want to grow and expand their businesses, that any tax treatment treats them at least as favorably as the current tax code does or perhaps improve it so they can afford to hire people," Rounds explained.
Both senators say they'll work hard to continue South Dakota's reputation as one of the most business friendly states in the country.