Magazine gives Maine better marks for business

Posted May 08, 2012, at 5:22 a.m.

AUGUSTA, Maine (AP) — Maine Gov. Paul LePage says the state’s ranking among best states in which to do business has improved 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 workforce quality, and four stars in living environment.

LePage said more work needs to be done but that the survey shows that “we have started to put Maine back on the road to prosperity.”