Texas is #10 Most Competitive Business State. 3 Points to Know.

  • The Top 10 States:
    • 1. Wyoming
    • 2. South Dakota
    • 3. Alaska
    • 4. Florida
    • 5. Nevada
    • 6. Montana
    • 7. New Hampshire
    • 8. Indiana
    • 9. Utah
    • 10. Texas 
  • The break down for all of Texas businesses tax rankings for 2016
    • #41 corporate tax rank
    • #6 individual income tax rank
    • #37 sales tax rank
    • #15 unemployment insurance tax rank
    • #34 property tax rank
  • Why is Texas #6 on individual income tax rank? Because Texas applies the gross receipts taxes to limited liability corporations (LLCs) and S corporations 

Tax Foundation | 2016 State Business Tax Climate Index