Best and worst places to do business in US
There is a long list of what California is doing wrong. What Texas is doing right is avoiding a state income tax. Texas also has fewer unions imposing unrealistic pension demands and is a right to work state. "... Texas gained over 848,000 net new residents in the last 10 years, California lost 1.5 million,..."In the Chief Executive’s annual survey of best and worst states for business, conducted in late January of this year, 651 Chief Executive Officers (CEOs) across the United States again gave Texas top honors as the best state for business. The Lone Star State was followed closely by North Carolina, Tennessee and Virginia. Conversely, the worst state for doing business was California, followed by New York, Michigan, New Jersey and Massachusetts.
How is it that California, the nation’s most populous state at 37 million residents, one that is the world’s eighth-largest economy, and the country’s richest and most diverse agricultural producer, a state that had the fastest growth rate in the 1950s and 1960s during the tenures of Democratic Governor Pat Brown and Republican Governors Earl Warren and Ronald Reagan, should become the Venezuela of North America?
California is anti business with anti business regulations, lamented one CEO....
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