10 Worst States for Business 2012: Slideshow

No 8: Pennsylvania

No. 8

Pennsylvania is the 8th Worst State for Business 2012

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Development Trend Indicator—Positive
While fracking ignites economy, statehouse helps with badly needed tort reform.
CEO Comments
“Pennsylvania has numerous, piddly taxes it is regulation heavy even for very small 1-2 person businesses.”

“Poor tax structure in California, Illinois, Massachusetts,Ohio, and Pennsylvania. None of these states are business friendly. Government is bloated with excessive cost and resulting high taxes in these states.”

“It’s not just the regulations and taxes – it’s also how the government treats businesses. Probably two additional scales – one for competence and one for friend/foe. I’d have to give my own state, Pennsylvania, low marks in these areas.”

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

 

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Chief Executive magazine (published since 1977) is the definitive source that CEOs turn to for insight and ideas that help increase their effectiveness and grow their business. Chief Executive Group also produces e-newsletters and online content at chiefexecutive.net and manages Chief Executive Network and other executive peer groups, as well as conferences and roundtables that enable top corporate officers to discuss key subjects and share their experiences within a community of peers. Chief Executive facilitates the annual “CEO of the Year,” a prestigious honor bestowed upon an outstanding corporate leader, nominated and selected by a group of peers, and is known throughout the U.S. and elsewhere for its annual ranking of Best & Worst States for Business. Visit www.chiefexecutive.net for more information.