Chief Executive Ranks Ohio Top Ten 2016 Best State for Business
Pro-business climate and common-sense regulatory environment help Ohio jump 12 spots, more than any other state, to a top ten spot in 2016 Best States for Business lineup according to Chief Executive.
More than 500 CEOs were asked to rank U.S. states they are familiar with on tax and regulatory regime, quality of talent, education institutions, cost of living, and attitudes toward business.
The results of the survey reveal “the Buckeye State's surge from 22nd place to 10th this year may have something to do with the fact that Ohio has added 350,000 jobs since 2011, and Governor John Kasich reduced taxes by $4.8 billion, which The Washington Post says puts Ohio among the top four tax-cutting states in the U.S.” indicates Chief Executive.
For many CEOs “pro-growth policies influence perceptions of competitiveness” and “fewer regulatory encumbrances” make the real difference" reports Chief Executive.
Additional factors influencing site selection decisions include access to technical talent, job creation financial incentives connected to difficult compliance requirements, and pro-growth policy reforms that minimize read tape. READ MORE >