Wisconsin gets middle of the pack ranking for state business tax climate

Wisconsin ranks 27^th for business tax competitiveness, according to the Washington, D.C.-based Tax Foundation’s 2023 State Business Tax Climate Index report. The 10 best states for tax competitiveness, according to the Tax Foundation, are:

1. Wyoming
2. South Dakota
3. Alaska
4. Florida
5. Montana
6. New Hampshire
7. Nevada
8. Utah
9. Indiana
10. North Carolina

The 10 worst states for tax competitiveness, according to the Tax Foundation, are:

41. Alabama
42. Rhode Island
43. Hawaii
44. Vermont
45. Minnesota
46. Maryland
47. Connecticut
48. California
49. New York
50. New Jersey

The Tax Foundation ranks the states in five tax categories: corporate tax, individual income tax, sales tax, property tax and unemployment insurance tax. Wisconsin ranked best for sales tax at 7^th. It’s worst ranking was for individual income taxes, at 38^th. For property taxes, the state ranked 15^th. Here’s how the Midwestern states ranked in overall business tax climate, according to the Tax Foundation:

• 2. South Dakota
• 9. Indiana
• 11. Missouri
• 12. Michigan
• 17. North Dakota
• 25. Kansas
• 27. Wisconsin
• 29. Nebraska
• 36. Illinois
• 37. Ohio
• 38. Iowa
• 45. Minnesota

Click here to read the full Tax Foundation report.