Tax Foundation Ranks NYS Last for Business Tax Climate

The national not for profit Tax Foundation has a new report out–sure to stir controversy – which ranks New York State last in terms of the state’s business tax climate.  From the report:

“Despite moderate corporate taxes, New York scores at the bottom this year by having the worst individual income tax, the sixth-worst unemployment insurance taxes, and the sixth-worst property taxes. The states in the bottom 10 suffer from the same afflictions: complex, non-neutral taxes with comparatively high rates.”

Click here for a link to the foundation’s web site  which includes a link to the report, a map of the country to see how other state’s are ranked and to see the list of worst and best states.