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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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.