State Rankings On Attributes Related to Small Business (And Citizens)

[Palehorse]

In doing some research I ran across a report that ranked each state according to key indicators that are important to the business owner. (And in some respects citizens of those states).

I put together some key comparisons, from which you may draw whatever conclusions you'd like, and which we can discuss. (Note: These are 2009 numbers)  am also providing a link to the entire report.

Some of these stats just chap my hide, for reasons we can discuss later if you'd like. In all I found this report quite interesting. . .



State Rankings (2009)


Personal Income Tax Rates (TOP)

O% - Alaska, Florida, Nevada, New Hampshire, S Dakota, Tennessee,  Texas, Washington, Wyoming.

Illinois = 3% ranked  10

Indiana = 3.4% ranked 13

Wisconsin 7.75% ranked 40th!

Hawaii/ Oregon – 11% tied for worst.

Top Corp Income Tax Rates

0% - Nevada ,South Dakota ,Texas ,Washington, Wyoming

Indiana = 8.5% RANKED 37

Illinois =7.3% ranked 28

Wisconsin = 7.9% ranked 32 (Tied with Oregon)

Pennsylvania = 9.99% ranked worst

Top CORP Capital Gains Tax Rates

0% - Nevada ,South Dakota ,Texas ,Washington, Wyoming

Illinois = 7.3% ranked 29

Indiana = 8.5% ranked 38 (Tied with New Hampshire, Vermont, West Virginia)

Wisconsin = 7.9% (tied with Oregon)

Pennsylvania = 9.99% ranked worst


State and Local Property Taxes (As share of Personal Income)

Alabama = 1.40 Ranked 1st

Illinois = 3.88 ranked 40th

Indiana = 2.92 ranked  23rd

Wisconsin = 4.14 ranked 42nd

Crime Rate

1 South Dakota 1.85

Illinois = 3.46 ranked 26th

Indiana = 3.67 ranked 30th

Wisconsin =  3.03 ranked  18th

District of Columbia 6.54 ranked worst

Government Employees (per 100 employees)

1 Nevada 4.32

Illinois = 5.03 Tied with Wisconsin ranking 7th

Indiana =  5.36 ranked 17th

Wyoming = 9.19 worst.

State Gas Taxes

1 Alaska @ .080

Illinois =  .367 ranked 46th

Indiana = .317 ranked 38th

California = .474 ranked worst

Diesel Tax

1 Alaska @ .080

Illinois = .399 ranked 46

Indiana = .416 ranked 47th

Wisconsin =  .329 ranked 42nd

Hawaii = .465 ranked worst


http://www.sbecouncil.org/uploads/SBSI2009.pdf