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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: 5.3%
Top corporate income tax rate: 9.5%
Property tax: 3.70%
Energy
Electric Utilities Costs †: 1.60
Labor
Minimum wage: $7.50
† Index of state's average revenue/kilowatt hour.
44. Massachusetts
Massachusetts' businesses might consider resurrecting the spirit of '76 to protest taxes; while personal income rates are relatively low, corporate income taxes are amongst the highest in the U.S. "They don't call it `Taxachussetts' for nothing," Kerrigan says. The state's assets include a flourishing high-tech industry, an educated workforce, and an environment that fosters innovation.
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)
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