Jan 27, 2019

By the numbers: Pennsylvania ranked No. 34 in 2019 business climate index


Via PA Watchdog

Pennsylvania finished at No. 34 among the 50 states in the Washington-based Tax Foundation’s analysis of how states’ tax systems affect their ability to attract and retain businesses.

The analysis examined more than 100 variables involving the states’ primary methods of taxation: corporate taxes, individual income taxes, sales taxes, unemployment insurance taxes and property taxes. Many of the top-rated states lack one of those five major taxes, but a few apply all the taxes with low rates and broad bases.

Pennsylvania ranked No. 43 for its corporate tax; No. 18 for its individual income tax; No. 21 for its sales tax; No. 34 for its property tax; and No. 46 for its unemployment insurance tax.

The State Business Tax Climate Index, which was released in September, aims to show how state tax systems compare with each other and provide a blueprint for improvements, according to a post on the foundation’s website. The study is based on tax rules in effect for fiscal year 2018-2019.

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Which State Tax Systems Are Poised to Generate Economic Growth?
StateCorporate Tax RankIndividual Income Tax RankSales Tax RankProperty Tax RankUnemployment Insurance Tax RankOverall Rank
Wyoming11638361
Alaska251523352
South Dakota113328393
Florida61221124
Montana1222310215
New Hampshire459144446
Oregon3036417377
Utah510163168
Nevada335408459
Indiana18151221110
Delaware504129311
North Carolina3162033712
Michigan111211224913
Missouri425257814
Texas49637371815
Tennessee24846292216
North Dakota23203261417
Colorado161438124018
West Virginia132817183019
Washington44649251920
Idaho26232644821
Virginia103510304322
Kentucky271714354723
Nebraska2826940924
New Mexico21314111025
Oklahoma9333919126
Arizona17194751327
Kansas342131201528
Massachusetts371113465029
Maine41247412430
Mississippi15273536531
Wisconsin35398214132
Georgia83829243833
Pennsylvania431821344634
South Carolina193434272735
Illinois391336454236
Rhode Island322923432937
Hawaii144724162638
Alabama203048151239
Maryland224518422840
Vermont383715492041
Ohio46442813642
Minnesota424627312543
Louisiana36325032444
Iowa484219393345
Arkansas404044263446
Connecticut294330502347
New York74842473148
California314943141749
New Jersey475045483250
Source: Tax Foundation

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