Monthly Archives May 2015

Chief Executive Magazine’s ‘Best & Worst States for Business’

In an annual survey of CEOs, California came in last in the ranking of best-states, worst states for businesses — a position Chief Executive magazine has identified for an unenviable 11 years straight. New York and Illinois ranked as the second and third worst states, respectively. The top three were Texas, Florida and North Carolina, and ranking high were Tennessee, Georgia, Indiana, Nevada and Arizona. Taxes play a role in the rankings. The article , entitled, “CEOs Favor Pro-Growth, Low-Tax States,” quotes economist Arthur Laffer as saying: “[H]igh taxes don’t redistribute income; they redistribute people. Americans are more mobile than ever,
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