Camco CEO Leverages Startup Speed And Strategic Focus
April 25, 2025
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
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| Key Companies |
|---|
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| Development Trend Indicator: Negative |
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| Appears ready to boost income taxes and add services to sales tax. |
| CEO Comments |
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| “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
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