Small Business Reading Room

Wednesday, April 19, 2006

How tax-friendly is your state?

It's not often that we can say Delaware isn't #1. It is the "First State" after all.

In terms of ranking as the most tax friendly, we will have to settle for being in the top 3.

The Tax Foundation has conducted a study that estimated the average taxpayer's total state and local tax burden for 2006.

"Tax burden" would include state and local income taxes, property taxes, sales taxes, luxury taxes and fuel taxes, among others. It also factors in the portion of business taxes passed along to state residents through higher prices, lower wages or lower profits.

Here's a link to a chart that shows the Tax Burden as Percentage of Income ranked from least to most tax friendly:
How tax-friendly is your state?


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Delaware Intercorp, Inc.
113 Barksdale Professional center
Newark, DE 19711-3258

"For all the best reasons to incorporate,the best place
is Delaware and the best incorporator is
Delaware Intercorp!"

Call Monday - Friday 09:00 (am) - 17:00 (pm) Eastern Time (GMT-05:00)

Toll Free - USA only - 888.324.1817
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FAX: 302.266.9940