FSB
Who loves small business best? 2006
Which states are low on taxes and light on government regulations? Exclusive rankings for FSB.com from the Small Business & Entrepreneurship Council.*
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Taxes |
Top personal income tax rate |
5.95% |
Top capital gains tax rate on individuals |
5.95% |
Top corporate income tax rate |
8.70% |
S-corporations tax rate |
0.00% |
State AMT? |
No |
Estate or inheritance tax? |
No |
Gas tax ($ per gallon) |
0.23 |
Health-insurance regulations |
No individual may be turned down |
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Self-employed individuals may not be turned down |
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Insurers must charge same price to everyone in a community |
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Energy costs |
Electricity (cents/kilowatthour) |
7.42 |
Gas (average price per gallon)** |
$2.11 |
Bureaucracy |
State and local govt. bureaucrats per 100 residents |
5.59 |
Labor |
State minimum wage/hour |
$6.15 |
"Right to work" state? |
No**** |
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How we ranked the states |
Which states are low on taxes and light on government regulations? In these exclusive rankings for FSB.com, the Small Business & Entrepreneurship Council, a nonprofit advocacy group in Washington, D.C. used their Small Business Survival Index to rate the 50 states and Washington, D.C. according to some of the major government-imposed or -related costs affecting investment, entrepreneurship, and business. SBE Council, which advocates for reduced government taxes and regulations on small business, supports a mostly Republican agenda. (more)
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