10 Worst States for Business 2012: Slideshow

No 3: Illinois

No. 3

Illinois is the 3rd Worst State for Business 2012

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Development Trend Indicator—Negative
New tax burdens drive business unfriendliness to new lows.
CEO Comments
“California New York and Illinois are all anti-business.”

“California and Illinois taxes and regulation are just plain silly. They actively work to drive companies out of their state.”

“California is going in the wrong direction if that’s even possible. Illinois is no longer a good place to conduct business due to taxes, labor inflexibility and social ills.”

“Moved all jobs out of IL to WI becasue of taxes, anti business attitude and weak worker ethics and poor educational level. High school graduates cannot read, write or count. Complete failure of the public education system in Illinois and terrible political environment.”

“Illinois is a great state but the democrats have ruined the state fiscally and unless they are either elected out or make major changes to the unions problems, corruption and graft, I will move our company out of Illinois permanently.”

“Illinois is a mess! Worst state by far to do business in.”

“Illinois is in a race to the bottom.”

“Illinois state & county government is also corrupt.”

“Illinois sucks the life out of business.”

“Illinois, California and Texas not only have extremely high tax burdens but they are going higher.”

“Illinois’s workers’ compensation laws and insurance costs are anti-business and very expensive.”

“It is just a matter of time before Illinois declares bankruptcy!”

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.