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Taxes
Top personal income tax rate:6.85%
Top corporate income tax rate:8.78%
Energy costs
Electricity:13.11 cents/kilowatthour
Gas (avg. price/gallon):$2.41
Labor
Minimum wage:$6.75/hour
7. New York
Rank: 45
Index score: 62.65

New York is well-known for having high taxes on property, capital gains, and income. Electricity prices and labor costs are high, too. And upstate, businesses are closing. The big advantage the state has is New York City, says Kerrigan. "People still want to go, work and live there if they can afford it," she says. "It's a vibrant place."
* SBE Council, a Washington, D.C.-based nonprofit which advocates for reduced government taxes and regulations on small business, tends to lobby for the Republican agenda when it comes to taxes and regulations.
Which places are low on taxes and light on government regulations? (more)
xxx How small companies are using new technologies to compete like champions. (more)

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.