This statistic shows the state business tax climate index of the federal states in the United States in 2024. The State Tax Business Climate Index is a measure of how each state's tax law affect economic performance. In 2024, the state of Wyoming was ranked 1st with the score of 7.72, which indicates that it has the best business climate in the United States. In contrast to that, New Jersey has the worst business climate with the score of 3.43.
State business tax climate index of the United States 2024
This business tax climate index looks at levels of taxation and complexity of compliance to compare the states on how "business friendly" each state is compared to the others. The scale for each factor considered is one to ten, with ten being the "best". Rankings are based on unrounded scores and reflect those of the source.
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Tax Foundation. (October 24, 2023). State business tax climate index of the United States 2024 [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/303674/us-state-business-tax-climate-index/
Tax Foundation. "State business tax climate index of the United States 2024." Chart. October 24, 2023. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/303674/us-state-business-tax-climate-index/
Tax Foundation. (2023). State business tax climate index of the United States 2024. Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/303674/us-state-business-tax-climate-index/
Tax Foundation. "State Business Tax Climate Index of The United States 2024." Statista, Statista Inc., 24 Oct 2023, https://www.statista.com/statistics/303674/us-state-business-tax-climate-index/
Tax Foundation, State business tax climate index of the United States 2024 Statista, https://www.statista.com/statistics/303674/us-state-business-tax-climate-index/ (last visited September 19, 2024)
State business tax climate index of the United States 2024 [Graph], Tax Foundation, October 24, 2023. [Online]. Available: https://www.statista.com/statistics/303674/us-state-business-tax-climate-index/