Monday, May 16, 2011
Best/Worst States for Business
CEO Magazine just completed its annual survey of CEOs as to where they think the best states for job creation are. Wisconsin in the past year jumped from 41st last year to 24th this year, the biggest improvement of any state. Texas and North Carolina remained in the top two spots ... and Illinois, which increased its tax rates on both businesses and individuals, has now dropped 45 spots in the last five years, ranking in the bottom three with California and New York, all of which continue to pass regulations and tax rates which drive job creation from their states. Also, anything which makes it harder to hire or discipline or fire a worker works against a company's decision to expand in that state, the article said.
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