The Tax Foundation has named South Dakota the most business friendly state in the nation for 2011. Runners up are: Alaska, Wyoming, Nevada, Florida, Montana, New Hampshire, Delaware, Utah and Indiana.
The most business unfriendly are: North Carolina, Rhode Island, Minnesota, Maryland, Iowa, Ohio, Connecticut, New Jersey, California and New York - the worst state to do business. Someone should notify Donald Trump.
The fact is - low taxes have very little to do with economic growth. A recent analysis by IWF of jobs and tax data shows the opposite to be true. The ten highest tax states had better economic growth pattern that the lowest ten tax states.