The First McGee Annual Report on the Best and Worst States for Business
7 Pages Posted: 16 Mar 2017
Date Written: March 15, 2017
This study is the first annual McGee Report on the best and worst states for business. The fifty states are ranked based on the extent to which they facilitate business creation and expansion. This study incorporated the data collected from five other studies, which included the examination of hundreds of variables. Utah was found to be the most business friendly state; California was least business friendly. States that voted Republican in the 2016 presidential election tended to be more business friendly than states that voted Democratic.
Keywords: state taxes, regulation, tax burden, regulatory burden, occupational licensure, regulatory environment, economic climate
JEL Classification: H70,H71,K13,K20,K29,K31,K34,L38,L50,L59,M21,D45,J08,J38,J44,D69,D72,D73,D78,H1, H2,H3
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