NJ Stats: Small Business Tax Index 2015 State Rankings

Best to Worst

Rank State Index Score
1 South Dakota 11.747
2 Nevada 12.100
3 Texas 12.352
4 Wyoming 15.660
5 Washington 18.683
6 Florida 21.571
7 Alabama 29.910
8 Colorado 32.574
9 Ohio 33.256
10 Alaska 34.114
11 Arizona 35.298
12 Indiana 36.283
13 Michigan 36.895
14 Utah 38.039
15 North Dakota 38.180
16 North Carolina 38.703
17 Mississippi 39.201
18 Louisiana 41.135
19 Virginia 41.298
20 South Carolina 41.621
21 Oklahoma 41.669
22 Missouri 43.046
23 New Mexico 44.479
24 Kansas 44.687
25 Illinois 44.893
26 Georgia 45.642
27 West Virginia 46.665
28 Tennessee 46.825
29 Pennsylvania 47.195
30 New Hampshire 48.790
31 Montana 48.825
32 Massachusetts 49.338
33 Arkansas 53.049
34 Kentucky 53.659
35 Wisconsin 53.851
36 Maryland 54.154
37 Delaware 54.426
38 Rhode Island 54.456
39 Idaho 54.760
40 Nebraska 57.730
41 Connecticut 60.787
42 Oregon 66.118
43 Vermont 66.267
44 Maine 69.719
45 New York 68.825
46 Iowa 69.649
47 Hawaii 74.047
48 Minnesota 75.312
49 New Jersey 75.520
50 California 81.770


50 State Average: 46.095

New Jersey is 63.8% higher than the Average

Source: Raymond J. Keating. “Business Tax Index 2015: Best to Worst State Tax Systems for Entrepreneurship and Small Business.” Small Business & Entrepreneurship Council. April 2015. Accessed July 2015. http://www.sbecouncil.org/resources/publications/small-business-tax-index-2015/