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    United States Socialist Republic book by HG Goerner

    California ranks second to last in annual tax climate ranking

     

    California finished 49th in a new study by the Tax Foundation showing which states are best at structuring their tax systems.

    All 50 states tax private property and unemployment insurance, according to the foundation’s analysis, which is titled the “2021 State Business Tax Climate Index.” But several states do without certain major taxes, such as corporate income, individual income and sales.

    Many of the highest-rated states lack one of these major taxes, although some states that levy all the major taxes had high scores. That’s because their tax structures feature low rates and are broadly levied, the foundation reports.

    California also ranked 28th for its corporate tax, 49th for individual income taxes, 45th for sales taxes and 14th in the property tax category.

    The states at the bottom of the ranking tend to have complex, non-neutral systems for raising revenues, along with relatively high tax rates, according to the authors of the analysis. 

    How Well Is Your State Tax System Structured?

    State Overall Rank Corporate Taxes Individual Taxes Sales Taxes Property Taxes Unemployment Insurance Taxes
    Wyoming 1 1 1 6 39 29
    South Dakota 2 1 1 33 20 42
    Alaska 3 26 1 5 22 45
    Florida 4 6 1 21 13 2
    Montana 5 21 25 3 28 20
    New Hampshire 6 41 9 1 47 44
    Nevada 7 25 5 44 5 47
    Utah 8 14 10 23 7 17
    Indiana 9 12 15 20 2 27
    North Carolina 10 4 16 22 26 10
    Texas 11 47 6 35 36 16
    Missouri 12 3 23 24 8 7
    Delaware 13 50 42 2 4 3
    Michigan 14 20 12 10 35 18
    Oregon 15 49 38 4 16 36
    Washington 16 40 6 48 18 19
    North Dakota 17 8 20 29 12 12
    Tennessee 18 24 8 47 33 26
    Kentucky 19 19 18 13 21 49
    Idaho 20 29 26 9 3 48
    Colorado 21 10 14 36 32 41
    West Virginia 22 17 28 19 10 28
    New Mexico 23 9 31 41 1 9
    Arizona 24 22 17 40 11 8
    Wisconsin 25 30 37 7 17 35
    Virginia 26 16 35 11 27 46
    Pennsylvania 27 43 19 17 15 40
    Nebraska 28 32 21 15 41 11
    Maine 29 37 22 8 40 33
    Oklahoma 30 11 33 39 29 1
    Georgia 31 7 36 27 24 39
    Mississippi 32 13 27 32 37 5
    South Carolina 33 5 34 31 34 24
    Massachusetts 34 38 11 12 44 50
    Kansas 35 31 24 37 30 13
    Illinois 36 36 13 38 48 43
    Rhode Island 37 39 29 25 42 30
    Hawaii 38 18 47 30 9 25
    Ohio 39 42 43 34 6 6
    Iowa 40 46 40 14 38 37
    Alabama 41 23 30 50 19 14
    Louisiana 42 35 32 49 23 4
    Vermont 43 44 39 16 49 15
    Maryland 44 33 45 18 43 34
    Arkansas 45 34 41 46 25 23
    Minnesota 46 45 46 28 31 32
    Connecticut 47 27 44 26 50 22
    New York 48 15 48 43 45 38
    California 49 28 49 45 14 21
    New Jersey 50 48 50 42 46 31

    * 1 is best; 50 is worst

    Source: Tax Foundation

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