Maryland is considered one of the worst states to do business. The “Chief Executive” magazine unveiled its list of the Best and Worst States for business, based on a survey of nearly 700 CEOs, presidents and business owners. Maryland ranked near the bottom as the 32nd best state in which to do business. California was ranked as the worst in 50th place, and Texas the best. States at the bottom of the list suffer from reputations for high taxes, regulation and costs of living.