This post was contributed by a community member. The views expressed here are the author's own.

Community Corner

CT Comes In 44th On Survey Of Business-Friendly States

This is not good news. 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.

Find out what's happening in Clintonwith free, real-time updates from Patch.

Patch readers that the state was not known for being business-friendly. Recent reports that said the state was overspending its revenues even after significant tax increases and spending cuts raised the possibility that .

Nevertheless, , outpacing neighboring states, a factor that was noted in the CNBC report.

Find out what's happening in Clintonwith free, real-time updates from Patch.

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?