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Maine is no longer the worst state for business after holding the title for four years, according to Forbes, but it only moved up by one rank in the magazine's newly released report. Maine's high rank is a result of the state's high corporate tax burden and a lousy economic growth forecast. Maine also received poor marks for its regulatory environment, growth prospects and business costs. The state scored better for labor supply and even more so for quality of life.
Is Maine's 49th business ranking from Forbes fair?