"It is obvious a state’s business tax climate is in bad shape when it chases away a major employer to a neighboring state whose longtime nickname has been Taxachusetts. Yet this is where Connecticut now finds itself. General Electric GE +0%’s January 14 announcement that it is relocating its global headquarters from Fairfield, Conn. to Boston, Mass. is the latest example of how tax policy, and the electoral outcomes that direct it, are critical to a state’s economic health and competitiveness."
Forbes