There’s a factor left out of the map. Population vs. business attitudes. Federalism is coming back, one way or another, and what state one lives and works in is going to be much more important than it used to be. Larger states, forming a contiguous regulation regime over a larger population, will be at an advantage if the regulation is light enough. Texas is looking good…
Obviously there are more factors to locating a business than just the tax climate.
Does anyone really think places like Illinois and Michigan are good places to start a business?
I suspect regulations, prevailing wages, whether or not a state is a right to work state or whether the state has a looming ‘fiscal cliff’ also figure prominently in the calculation of locating a business.
I suspect the tax situation will be worse everywhere by 2016.