Business & Tech
CT Comes in 44th on Survey of Business -Friendly States
The CNBC report that ranks the 50 states cited Connecticut's high taxes and regulations as reasons for its poor showing.
A new national report puts Connecticut near the bottom among the states for business in 2012, with the cost of state government, and taxes and regulations cited among the causes.
The report by CNBC ranks Connecticut 44th in 2012, down from 39th in 2011.
Patch readers . Recent reports that said the state was overspending its revenues even after significant tax increases and spending cuts raised the possibility that .
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Nevertheless, , outpacing neighboring states, a factor that was noted in the CNBC report.
