The 10 best states are:
2. South Dakota
6. New Hampshire
They earn these positions primarily because they don't impose some or several of the taxes calculated.
The 10 worse states are:
44. North Carolina
46. Rhode Island
49. New York
50. New Jersey
* 22 in corporate tax rate
* 42 in individual income tax
* 29 in sales tax
* 10 in unemployment insurance tax
* 33 in property tax.
Michigan, our neighbor to the north, ranked 18, up from 19 in 2011. While their corporate tax rank is 49 (the second worse in the nation) and their unemployment insurance tax rank is 44, they rank 11 in individual income tax, 7 in sales tax
and 30 in property tax, moving them ahead of Ohio in the overall rankings.
Indiana, which is expected to be a right-to-work state upon the governor's signature of recently-passed legislation, is ranked 11, also unchanged from 2011. Pennsylvania is 19, up from 21 in 2011 and Kentucky is 27, up from a 25 rank last year.
Sadly, all our neighbors rank better than we do in business taxation and they are our competition for jobs.
For more information on the rankings and methodology, you can read the entire report here.