The Tax Foundation rates the best states for business climate based on tax rates for property, sales, corporate and individual income and unemployment insurance.
The lowest tax rate states are:
• 1. Wyoming
• 2. South Dakota
• 3. Nevada
• 4. Alaska
• 5. Florida
Tennessee ranked 15th, Alabama ranked 21st and Georgia ranked 32nd in the Business Tax Climate report
Source: Tax Foundation
Dave Flessner is the business editor for the Times Free Press. A journalist for 35 years, Dave has been business editor and projects editor for the Chattanooga Times Free Press, city editor for The Chattanooga Times, business and county reporter for the Chattanooga Times, correspondent for the Lansing State Journal and Ingham County News in Michigan, staff writer for the Hastings Daily Tribune in Nebraska, and news director for WCBN-FM in Michigan. Dave, a native ...