The Greater Baltimore Committee’s latest report reveals that Maryland’s tax structure and other corporate regulations are a driving force behind the state’s spotty performance on U.S. business climate rankings, which typically rate Virginia as a better place to do business than Maryland.On average, Maryland placed 27th out of 50 states in national rankings published between 2012 and 2013. But each of the 10 rankings are based on different criteria, so Maryland receives better grades from some ranking groups than others.
The Kauffman Foundation, which supports the growth of entrepreneurs, identified Maryland as the fifth most business-friendly state in the country in 2012, Last month, the Tax Foundation came to a vastly different conclusion, ranking the state as one of the nine worst states to conduct business.
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