A recent Forbes Article Ranked Colorado as the No. Five “Best State for Business”
To compile the listing of the best states for business Forbesranked all 50 states on 30 metrics in six main categories: business costs, economic climate, growth prospects, labor, quality of life and regulatory environment. The data revealed that Colorado ranked fifth out of the 50 states. Of these matrix rankings, interestingly, Colorado ranked number one in growth prospects and number two in labor. The No. 1.state was the Commonwealth of Virginia. The second-ranked state was Texas.
This was Forbes first ever ranking of Top States for Business.
Over the past ten years, the United States has seen corporations move job after job overseas in search of cheaper labor. An equally large problem has been the corporate tax rate. Five years ago, the U.S. corporate tax rate of 39% was the sixth highest among Organization for Economic Co-operation and Development countries, according to the Tax Foundation. While other countries have lowered taxes, the U.S. rate hasn't budged, and today it has the highest rate among OECD countries, eclipsing former tax gougers such as Germany and Canada.
To compile the listing of the best states for business, Forbes ranked all 50 states on 30 metrics in six main categories: business costs, economic climate, growth prospects, labor, quality of life and regulatory environment. The data revealed that Colorado ranked fifth out of the 50 states.
Of these rankings, Colorado ranked number one in growth prospects and number two in labor. No. 1. The Commonwealth of Virginia takes the crown in our first ever ranking of Top States for Business. Our second-ranked state, Texas,
http://www.metrodenver.org/NewsCenter/BestBusinessState.icm
http://www.forbes.com/2006/08/15/best-states-business_cz_kb_0815beststates.html
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