New York is best at NOT welcoming Businesses and at LIMITING freedoms according to the latest studies! Yea!
The Tax Foundation’s forecasts for 2013 list California and New York as the states with the worst tax climates for businesses. A recent report ranks California 48 and New York as dead last!
Scott Drenkard and Joseph Henchman, authors of the 2013 State Business Tax Climate Index, point out that New York has the highest individual income tax and one of the highest unemployment insurance taxes. [Inc.com]
Interestingly, the worst states were the liberal states.
That’s not all! According to the Mercatus Center at George Mason University’s third annual report on “Freedom in the 50 States,” New York comes in dead last.
New York is the least free state in the nation. It comes in dead last economically. Rent-control, rampant eminent domain abuse, and restrictive union law are the main causes. Home school regulations are excessive.
The study “examines state and local government intervention across a wide range of public policies, from income taxation to gun control, from homeschooling regulation to drug policy and it looks at paternalism (right there, you have nanny Bloomberg, though nanny Cuomo is no slouch)
The freedom rankings are:
1. New Hampshire (this was before they started eliminating dodgeball)
2. South Dakota
10. North Dakota
18. North Carolina
26. South Carolina
36. West Virginia
37. New Mexico
45. Rhode Island
49. New Jersey
50. New York
New York has lost two congressional seats and is down 9% in population growth.