10 Worst states for starting a business

Attention libertarians! Find out where the cold, dead hand of the state weighs heaviest. Rankings provided by the Small Business & Entrepreneurship Council.

Top personal income tax rate: 10.3%
Top corporate income tax rate: 8.84%
Property tax: 2.55%
Electric Utilities Costs †: 1.43
Minimum wage: $7.50
† Index of state's average revenue/kilowatt hour.
49. California
California may be the second sunniest state in the U.S., but it also has the worst personal income and personal capital gains taxes. Westward-bound entrepreneurs should also beware of lofty energy costs. "Most small businesses in California don't want to leave, but policymakers are nudging them out," Kerrigan says.
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