Is Rhode Island Bad for Business?

A CEO magazine ranks Rhode Island as one of the worst states in the nation for business.

Chief Executive Magazine ranked Rhode Island 37^th based on a survey of corporate leaders. Survey respondents rated the Ocean State poorly in the area of taxation and regulations.

Massachusetts and Connecticut ranked even worse. Massachusetts was ranked 47^th and Connecticut came in at 45^th place. The worst three ranked states in the survey were California, New York and Illinois.

Texas, Florida and North Carolina, on the other hand, were ranked as the three best states in which to do business.

What do you think about Rhode Island’s business climate? Is this a good state in which to do business?