Massachusetts is the 47th Best State for Business 2013
Previous State: New Jersey Next State: Illinois
Taxations & Regulations
Workforce Quality
Living Environment
Based on CEO Survey by ChiefExecutive.net
| Key Metrics |
|---|
State GDP
Unemployment
Domestic Migration
State Government
State-Local Tax Burden
|
| Key Companies |
|---|
|
| Development Trend Indicator: Negative |
|---|
| Appears ready to boost income taxes and add services to sales tax. |
| CEO Comments |
|---|
| “If I were designing Hell for a company, I couldn’t do as good a job as Massachusetts has. We will be leaving the state within the next year.”
“We are moving out of CA, MI, MA and NY in 2013 and terminating our employees there. The regulatory and tax environment has become untenable.” “Massachusetts is returning to the state of Taxachusetts, thanks to Governor Deval Patrick and the overwhelming Democratic party majority in both houses of the Legislature.” “Taxation and regulation are always the key barometers. Massachusetts and Oregon are the worst.” “Massachusetts has been strong economically because of small to mid-size technology driven companies. Legislators moving towards increased regulations and taxes on the group that has been successful (ex: medical device) could begin to undermine the positive direction. While there may be excitement here for early stage technology companies, more established companies may consider growth and expansion elsewhere.” “MA is continuing its trend of raising taxes in every manner possible. Mostly through fees over past 3-4 years but now contemplating significant income tax increases.” “Our experience in Massachusetts is that the legislature and government has an activist mentality. To the point on having obscure regulations that cover seemingly immaterial transactions. Perfect example of good intent undone by unrealistically over-reaching regulations.” |
Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation
Previous State: #46 New Jersey Next State: #48 Illinois
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
0
1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
