Which States Have The Most Competitive Tax Codes? View this email in your
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Tax Foundation]
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We've just released the 12th annual edition of the *State Business Tax
Climate Index
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which measures how competitive and well-structured each state’s tax code is
by analyzing over 100 tax variables in five different categories:
corporate, individual income, sales, property, and unemployment insurance
taxes. Wyoming once again takes first place with the best tax code in the
country, while New Jersey continues its hold on last place.

States are punished for overly complex, burdensome, and economically
harmful tax codes, and are rewarded for transparent and neutral tax codes
that do not distort business decisions. A state’s ranking can rise or fall
significantly based not just on its own actions, but also on the changes or
reforms made by other states.

*This year’s most competitive states include: *
Wyoming (#1), South Dakota (#2), Alaska (#3), Florida (#4), Nevada (#5),
Montana (#6), New Hampshire (#7), Indiana (#8), Utah (#9) and Texas (#10).

*This year’s least competitive states include: *
New Jersey (#50) New York (#49), California (#48), Minnesota (#47), Vermont
(#46), Rhode Island (#45), Connecticut (#44), Wisconsin (#43), Ohio (#42),
and Maryland (#41).
Read the Report
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