In response to the argument that South Dakota's low-tax environment is great for business, I often ask why we don't have any Fortune 500 companies headquartered here.
Well, the new 2009 Fortune 500 list is out, and MDU Resources has joined the list at #479.
MDU Resources of Bismarck, North Dakota... where they have corporate and individual income tax. Grrr... socialists have all the luck.
South Dakota did make the Fortune 1000 with one company at #701: VeraSun... which is now bankrupt and bought by Texans.
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