My home state of Illinois, for example, ranks behind two of its immediate neighbors and ahead of a third:
No. 7 Indiana
No. 20 Iowa
No. 33 Illinois
No. 35 Wisconsin
But, I have to ask, does this really matter? I mean, Illinois is a veritable economic powerhouse compared to Indiana:
List of U.S. states by GDP, 2015
No. 5, Illinois, $742 billion
No. 16, Indiana, $328 billion
No. 20, Wisconsin, $293 billion
No. 30, Iowa, $174 billion
Even if you adjust for Illinois' higher population, it's still much greater:
List of U.S. states by GDP per capita, 2012
No. 16, Illinois
No. 23, Iowa
No. 29, Wisconsin
No. 31, Indiana
So the relatively high business tax burden here must not be chasing that many companies out of Illinois. And it's not preventing us from having higher median household incomes either:
List of U.S. states by income, 2014
No. 18, Illinois
No. 21, Wisconsin
No. 24, Iowa
No. 31, Indiana
So who, besides Gov. Mike Pence, really cares about this statistic? It doesn't seem to be helping the economy of Indiana much, does it? In fact, I don't see how it's really relevant at all.
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