10 Worst States for Business 2012: Slideshow

Yet again, California takes the title of the worst state in which to do business. Here are the other states that didn’t perform well in this year’s survey.

May 2 2012 by ChiefExecutive.net

No 5: Michigan

No. 5

Michigan is the 5th Worst State for Business 2012

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Development Trend Indicator—Positive
Tax cuts and simplification bode well for future under new Gov. Snyder.
CEO Comments
“California and Michigan are predatory in their approach to business.”

“Michigan is not business friendly.”

“Michigan… ridiculous amount of red tape to start a business. Getting licensed as a builder. process, training, testing is so rigorous and time consuming its ridiculous. Plus the penalties for not following the rules are stricter than drug dealer conviction.”

“Poor governorship in Wisconsin, Michigan, Ohio, Texas, and others, results in negative international press attention, a contentious environment, hostile unions, ineffective work force training, and marginal support services.”

“The new Republican governor in Michigan has really turned the state around. In his first year in office there has been major business tax reform and a good start on the reduction of regulatory red tape. A state to watch in the coming years for a significant turnaround in business climate.”

“Michigan is finally getting a more business friendly tax environment. They have a good well trained/educated work force, housing prices are reasonable, and no charge for the plain midwestern charm.”

Click here to see an in-depth analysis of the Best/Worst States for Business 2012