10 Best states for starting a business

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

Top personal income tax rate: 0%
Top corporate income tax rate: 0%
Property tax: 2.97%
Electric Utilities Costs †: 0.66
Minimum wage: $7.93
† Index of state's average revenue/kilowatt hour.
4. Washington
"Low taxes and low electricity costs are this state's best attributes," Kerrigan says. "For three years running Washington has had more business startups per capita than any other state." But the cheaper electricity is offset by very high gas taxes and what Kerrigan describes as burdensome health insurance mandates.
South Dakota Nevada Wyoming Washington Florida Michigan Texas South Carolina Virginia Alabama
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In exclusive rankings for FSB.com from the Small Business & Entrepreneurship Council, we looked for places low on taxes and light on government regulations. These places aren't. (more)