The 10 highest ranked states in this year’s index are:
1. Wyoming
2. South Dakota
3. Nevada
4. Alaska
5. Florida
6. New Hampshire
7. Washington
8. Montana
9. Texas
10. Utah
The lowest ranked are:
41. Iowa
42. Maryland
43. Wisconsin
44. North Carolina
45. Minnesota
46. Rhode Island
47. Vermont
48. California
49. New York
50. New Jersey
So how does Connecticut compare to its neighbors? The following table shows how New England states fared in the index. Not surprisingly, New Hampshire, which has no broad-based income or sales tax, ranks as the 6th most competitive business tax climate in the country. Massachusetts ranks a few spots above Connecticut at 37th. Vermont ranks the lowest, 47th, among the six states.
State
|
Overall Rank
|
Corporate Tax Index Rank
|
Personal Income Tax Index Rank
|
Sales Tax Index Rank
|
Unemployment Insurance Tax Index Rate
|
Property Tax Index Rank
|
| New Hampshire |
6
|
46
|
9
|
1
|
39
|
41
|
| Massachusetts |
24
|
34
|
15
|
17
|
49
|
47
|
| Maine |
37
|
47
|
30
|
10
|
40
|
38
|
| Connecticut |
40
|
25
|
31
|
30
|
32
|
50
|
| Rhode Island |
46
|
40
|
36
|
24
|
50
|
46
|
| Vermont |
47
|
41
|
47
|
14
|
19
|
43
|
