In its ninth annual survey of CEO opinion about the best and worst states in which to do business, 736 CEOs—the highest response on record—rendered their verdict. Business leaders were asked to grade states with which they are familiar on a variety of competitive metrics that CEOs themselves regard as critical. These include: 1) taxation and regulation; 2) quality of workforce; and 3) living environment. The tax and regulatory grade includes a measure of how CEOs grade a state’s attitude toward business, a key indicator.
Texas Gov. Rick Perry (R) met with Mark Malkowski, owner of Stag Arms of New Britain, Connecticut, who was in Houston for the NRA convention. The two met to discuss a possible move to Texas for the firearm manufacturer.
Arms manufacturers in at least two states with strict new gun laws are making good on their promise to move their operations -- along with thousands of jobs and millions in tax revenues -- to locales they deem friendlier to the industry.
“While I will always welcome healthy policy debate, I won’t stand for someone mocking the tragic deaths of my fellow Texans and our fellow Americans,” Perry wrote. “Additionally, publishing this on the very day our state and nation paused to honor and mourn those who died only compounds the pain and suffering of the many Texans who lost family and friends in this disaster.”
Not so fast, Buckeyes. Texas is back in a big way with a commanding first-place finish in the 2012 facilities race to claim the Governor’s Cup after a 34-project loss to Ohio last year. Not only did Texas reclaim the coveted trophy, but it did so with a whopping 761 projects, 270 more than first runner-up Ohio, which held its own relative to last year’s tally with just seven fewer projects (491). Pennsylvania keeps its third-place finish (430), and Michigan (337) and Illinois (322) round out the top five.
During the Great Depression, some 1.3 million Americans—epitomized by the Joad family in John Steinbeck's "The Grapes of Wrath"—flocked to California from the heartland. To keep out the so-called Okies, the state enacted a law barring indigent migrants (the law was later declared unconstitutional). Los Angeles even set up a border patrol on the city limits. Soon the state may need to build a fence to keep latter-day Joads from leaving.
Taxation: Governor Rick Perry took a lot of ridicule for his efforts to lure California's tax-strangled businesses to his home state of Texas. If that's so ridiculous, how come it's his leftist critics showing all the hysteria?
Contrary to what you might’ve heard, I have nothing against California. In fact, I think it’s a beautiful state filled with creative people and a vibrant culture.
The problem for California, however, is that many of their business leaders do have something against the state — specifically its increasingly hostile business climate.