February 28, 2006

The Tax Foundation Rates the States on Their Tax Business Climate

Filed under: Economy, Taxes & Government — TBlumer @ 7:47 pm

The Tax Foundation has just issued its State Business Tax Climate Index (HT Atlas Shrugs aka “The Whirling Dervish of the Blogosphere”).

Here is the full set of state ratings and their weights (click to see a clearer version; no, I don’t understand why the pic below isn’t very clear; I promise the link is, though you may need to click to magnify the pic in Firefox):

StateTaxTF

The best two? Wyoming and South Dakota. The worst two? New York and New Jersey. For those in BizzyBlog’s immediate area, Ohio is #47, Kentucky is #44, and Indiana is #11.

Keep in mind that The Tax Foundation only evaluated the TAX business climate, and did not other factors that affect total business climate (education, workforce, infrastructure, etc.). Nevertheless, I’m not singing “The Wonderful World of Ohio” right now.

The background paper with all the gory details can be found at the bottom of the link.

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