The 10 Best and Worst States for Small Business

THE 10 BEST AND WORST STATES FOR SMALL BUSINESS America's top ten friendliest and bottom ten least friendly states for starting a business from the standpoint of regulations, taxes, general ease of startup, and GPD growth. NH VT ID NY MA MI RI CT NE NJ UT IL CA VA ок AL GA BEST STATES LA TX WORST STATES CHANGE IN REAL GDP BY STATE, 2011 TOP LEVEL STATE INCOME TAX IL Texas 3.3% (TX 0.0% 3.0% Utah 2.0% Georgia 1.7% UT 5.0% MI 4.35% New Hampshire 1.5% Oklahoma NH 5.0% MA 5.3% 1.0% Idaho 0.6% AL 5.0% ст 6.5% Louisiana 0.5% Virginia 0.3% OK 5.5% VT 8.95% Nebraska 0.1% -0.8% Alabama VA 5.75% NY 8.97% Michigan 2,3% Massachusetts 2.2% GA 6.0% NJ 8.97% California 2.0% Connecticut 2.0% LA 6.0% RI 9.9% Illinois 1.3% New York 1.1% NE 6.84% CA 10.55% Rhode Island 0.8% Vermont 0.5% ID 7.8% HI 11.0% -0.2% Hawaii -0.5% New Jersey BEST STATES WORST STATES NUMBER OF INC 500O COMPANIES PER STATE 43 31 38 11 16 Texas California 156 144 I New York I Illinois I Massachusetts Virginia 193 Georgia I Utah 389 318 I Alabama New Jersey Oklahoma 284 Michigan I Connecticut I Rhode Island I New Hampshire I Lousiana I Nebraska I Idaho Vermont 240 680 79 I Hawaii 210 18 28 64 BEST STATES WORST STATES SOURCES COMPLETE www.inc.com WEB RESOURCES www.thumbtack.com www.thefiscaltimes.com www.completewebresources.com