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