Ohio is this year's most improved state, jumping eleven places to 23rd overall thanks to a huge improvement in Cost of Doing Business. Ohio improved to 5th place in our most important category, from 29th place last year. A multi-year effort to reform the tax code in the Buckeye State is paying off with a tax structure that welcomes new investment. At the same time, wages have fallen in Ohio relative to other states. That helps businesses on the cost side, but workers suffer.Virginia is number one and Texas has dropped to number two for a variety of reasons. Being a border state doesn't help.
The whole report is here.
Let's hope we don't take steps backward in November.
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