Wisconsin ranks 27th
th For business tax competitiveness, according to the Washington, DC-based Tax Foundation’s
2023 State Business Tax Climate Index report. Top 10 Tax Competitive States
tax foundationthat is:
- wyoming
- south dakota
- Alaska
- florida
- Montana
- new hampshire
- Nevada
- Utah
- Indiana
- north carolina
According to the Tax Foundation, the 10 least tax competitive states are:
- Alabama
- rhode island
- Hawaii
- Vermont
- Minnesota
- Maryland
- connecticut
- California
- New York
- new jersey
The Tax Foundation ranks states in five tax categories: corporate tax, personal income tax, sales tax, property tax, and unemployment insurance tax.Wisconsin ranked 7th best in sales taxthThe worst ranking was 38th for personal income taxthFor property taxes, the state ranks 15th.thHere’s how Midwestern states ranked for their overall business tax environment, according to the Tax Foundation:
- 2. South Dakota
- 9. Indiana
- 11. Missouri
- 12. Michigan
- 17. North Dakota
- 25. Kansas
- 27. Wisconsin
- 29. Nebraska
- 36. Illinois
- 37. Ohio
- 38. Iowa
- 45. Minnesota
Click here to read Full text of the Tax Foundation report.