The Badger State keeps rising in the Chief Executive Best States/Worst States list, and that’s got Wisconsin businesses cheering—as well as investing. Nevertheless, CEOs and entrepreneurs there are worried that an election recall this summer of their champion, Governor Scott Walker, could upend the great improvements made in the state’s business climate in just two years.
Wisconsin leapt to 20th place in our Best States/Worst States list this year from 24th last year, one of only eight states that enjoyed a rise of at least four spots. That followed a phenomenal 17-place leap in last year’s list, where it occupied the doldrums of 41st place. Wisconsin also fared well by other gauges last year, especially in how it treated entrepreneurs. The state ranked 4th last year in tax costs on new firms, as calculated by the Tax Foundation, and a Kauffman Center Index of Entrepreneurial Activity showed Wisconsin with the 7th largest rise last year among the handful of states that did better at all....
Shannon and others worry still about this summer’s recall election. “This very committed opposition may recall Walker and put someone else in,” he mused, “and then we’ll have the pendulum swinging abruptly the other way.”