Special Report

Most (and Least) Tax-Friendly States for Business

Wind Farm, Iowa
Source: Thinkstock

40. Iowa
> State sales tax rate: 6.0% (tied-16th highest)
> Property taxes collections per capita: $1,515 (16th highest)
> Unemployment rate: 3.2% (tied-8th lowest)
> Top individual income tax rate: 9.0% (5th highest)
> Top corporate income tax rate: 12.0% (the highest)

Green Bay, Wisconsin
Source: Thinkstock

39. Wisconsin
> State sales tax rate: 5.0% (tied-16th lowest)
> Property taxes collections per capita: $1,843 (12th highest)
> Unemployment rate: 3.7% (tied-13th lowest)
> Top individual income tax rate: 7.7% (10th highest)
> Top corporate income tax rate: 7.9% (15th highest)

Arkansas, Buffalo River sunrise
Source: Thinkstock

38. Arkansas
> State sales tax rate: 6.5% (tied-9th highest)
> Property taxes collections per capita: $659 (3rd lowest)
> Unemployment rate: 3.7% (tied-13th lowest)
> Top individual income tax rate: 6.9% (tied-14th highest)
> Top corporate income tax rate: 6.5% (tied-23rd highest)

Charleston Sunset, South Carolina
Source: Thinkstock

37. South Carolina
> State sales tax rate: 6.0% (tied-16th highest)
> Property taxes collections per capita: $1,077 (20th lowest)
> Unemployment rate: 4.4% (tied-23rd lowest)
> Top individual income tax rate: 7.0% (12th highest)
> Top corporate income tax rate: 5.0% (tied-11th lowest)

Atlanta, Georgia 3
Source: Thinkstock

36. Georgia
> State sales tax rate: 4.0% (tied-7th lowest)
> Property taxes collections per capita: $1,011 (19th lowest)
> Unemployment rate: 5.3% (tied-6th highest)
> Top individual income tax rate: 6.0% (tied-19th highest)
> Top corporate income tax rate: 6.0% (tied-15th lowest)