Big Five: States with best tax climates

Big Five: States with best tax climates

October 15th, 2013 by Dave Flessner in Business Around the Region

The Tax Foundation rates the best states for business climate based on tax rates for property, sales, corporate and individual income and unemployment insurance.

The lowest tax rate states are:

• 1. Wyoming

• 2. South Dakota

• 3. Nevada

• 4. Alaska

• 5. Florida

Tennessee ranked 15th, Alabama ranked 21st and Georgia ranked 32nd in the Business Tax Climate report

Source: Tax Foundation