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2012 Business Tax Climate: Chilliest in Blue States

The Tax Foundation yesterday released the 2012 State Business Tax Climate Index (9th ed.) which ranks the fifty states according to five indices: corporate tax, individual income tax, sales tax, unemployment insurance tax, and property tax. Here are the ten states with the best and worst business tax climates:

1

Wyoming

41

Iowa 

2

South Dakota

42

Maryland

3

Nevada

43

Wisconsin

4

Alaska

44

North Carolina

5

Florida

45

Minnesota

6

New Hampshire

46

Rhode Island

7

Washington

47

Vermont

8

Montana

48

California

9

Texas

49

New York

10

Utah

50

New Jersey

Interestingly, all ten of the states with the worst business tax climates voted for Barack Obama in the 2008 presidential election, and five of the ten states with the best business tax climates voted for John McCain (and eight of the ten voted for George Bush in 2004).
Tax Foundation


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