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Tuesday, February 3, 2009

The 7 worst states to start a business

U.S. News & World Report yesterday posted an article on its website called, "The 7 worst states to start a business." It placed Maine at No. 4, citing its high property, personal income and individual capital gains taxes. But it did say that Maine is a prosperous state compared to some. "Relative economic prosperity, however, does not necessarily mean a state is a good one in which to start a business. That's because, while not poor, Maine's economy is not dynamic either."

1. West Virginia
2. Iowa
3. Arkansas
4. Maine
5. Hawaii
6. Kentucky
7. Montana

See full article in US News & World Report Here

COMMENT: We can do better! Working to get folks in Augusta that understand the burdens of business, the logic of accountable spending the overall responsibility of budget management will help to get our priorities in line and state back on the same track.