North Carolina ranks No. 41 in the Tax Foundation’s latest State Business Tax Climate Index. (The No. 1 ranking goes to the state with the best climate.)
Sales-tax increases like the ones now on the ballot in 11 counties hurt the Tar Heel State in the latest rankings.
Along with the overall ranking of No. 41, here’s how North Carolina fared in the Tar Foundation’s subcategories:
- Corporate ? 25
- Individual income ? 36
- Sales ? 44
- Unemployment insurance ? 6
- Property ? 33
HT: Joe Coletti
Update: The property tax ranking has been corrected.
