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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.

Taxes
Top personal income tax rate: 10.3%
Top corporate income tax rate: 8.84%
Property tax: 2.55%
Energy
Electric Utilities Costs †: 1.43
Labor
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.
Washington DC New Jersey California Rhode Island Maine New York Minnesota Massachusetts Vermont Hawaii
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Which places are low on taxes and light on government regulations? (more)