CFO.com has published their 2004 State Tax Survey. According to the article discussing the survey, this is the fourth time since 1996 that CFO magazine has surveyed corporate tax officials on their impressions of state tax environments. The article notes that all states are desperately in need of funds:
Although some states have already raised taxes—New York, for example, has raised both sales and income taxes—expect a wave of increases after this year’s election season. In the meantime, our survey suggests, corporations are going to have to live with tougher tax administration from states seeking to close their budget gaps. “States are out of money, and they are getting money out of audits even when the bases of their arguments are unreasonable, unfounded, and stupid,” wrote one survey respondent. “The tax department is then left with the option of fighting them or giving in.”
By the way, Pennsylvania is listed in the top 5 “Bad Boys.”