The results of the 2015 State Business Tax Climate Index conducted by the Tax Foundation are out. No surprise New York ranks 49 . At least we are not the worst state to do business in. That honor goes to New Jersey (Number 50). This annual survey covers corporate tax, individual income tax, sales tax, unemployment insurance tax, and property tax. So who are the 10 best states to do business in?
Number 1 Wyoming
2 South Dakota
7 New Hampshire
The purpose of this annual index is to help business leaders, state policymakers, and taxpayers compare their states’ tax systems to others. New York has been on the bottom of the pile for years.