May 8, 2012

Magazine gives Maine better marks for business

The Associated Press

AUGUSTA — Maine Gov. Paul LePage is touting the state's improved ranking as a place to do business  in a survey by Chief Executive magazine.

The magazine cited tax cuts as one of the reasons for Maine's rise to 32 in the survey. Maine ranked 36th in the previous year. Maine received two stars in the area of taxation and regulation, four stars in work force quality, and four stars in living environment.

LePage said more work is needed but that the survey shows that "we have started to put Maine back on the road to prosperity."

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