Business taxes as percentage of private-sector gross state product, 2008 ($ billions)
| Rank | State | Eff. Tax Rate (% of private-sector GSP*) |
State and Local Business Taxes |
| 1 | Alaska | 22.3% | 8.2 |
| 2 | Wyoming | 9.2% | 2.5 |
| 3 | North Dakota | 8.9% | 2.1 |
| 4 | Maine | 7.3% | 3.0 |
| 5 | West Virginia | 7.1% | 3.4 |
| 6 | Montana | 6.4% | 1.9 |
| 7 | Mississippi | 6.0% | 4.4 |
| 8 | New Mexico | 6.0% | 3.8 |
| 9 | Vermont | 6.0% | 1.3 |
| 10 | New York | 5.8% | 57.4 |
| 11 | Kansas | 5.7% | 5.7 |
| 12 | Rhode Island | 5.7% | 2.3 |
| 13 | Washington | 5.5% | 14.8 |
| 14 | Hawaii | 5.4% | 2.5 |
| 15 | New Hampshire | 5.4% | 2.8 |
| 16 | Oklahoma | 5.3% | 6.3 |
| 17 | Texas | 5.3% | 54.5 |
| 18 | Florida | 5.2% | 33.9 |
| 19 | Louisiana | 5.2% | 10.1 |
| 20 | South Dakota | 5.2% | 1.5 |
| 21 | Nebraska | 5.1% | 3.5 |
| 22 | Indiana | 5.0% | 11.1 |
| 23 | Michigan | 5.0% | 16.8 |
| 24 | New Jersey | 5.0% | 20.7 |
| 25 | Illinois | 4.9% | 26.9 |
| 26 | Pennsylvania | 4.9% | 23.3 |
| 27 | Arizona | 4.7% | 10.2 |
| 28 | Idaho | 4.7% | 2.1 |
| 29 | South Carolina | 4.7% | 6.0 |
| 30 | California | 4.6% | 73.7 |
| 31 | Iowa | 4.6% | 5.2 |
| 32 | Nevada | 4.6% | 5.2 |
| 33 | Ohio | 4.6% | 18.9 |
| 34 | Wisconsin | 4.6% | 9.4 |
| 35 | Alabama | 4.5% | 6.3 |
| 36 | Arkansas | 4.5% | 3.7 |
| 37 | Kentucky | 4.5% | 6 |
| 38 | Tennessee | 4.5% | 9.7 |
| 39 | Minnesota | 4.3% | 9.8 |
| 40 | Colorado | 4.2% | 8.7 |
| 41 | Massachusetts | 4.2% | 13.6 |
| 42 | Maryland | 4.1% | 9.2 |
| 43 | Missouri | 4.1% | 8.3 |
| 44 | Dist. Of Columbia | 4.1% | 2.6 |
| 45 | Georgia | 4.0% | 13.9 |
| 46 | Utah | 3.9% | 3.6 |
| 47 | Virginia | 3.9% | 12.2 |
| 48 | Delaware | 3.8% | 2.1 |
| 49 | Connecticut | 3.7% | 7.3 |
| 50 | Oregon | 3.7% | 5.1 |
| 51 | North Carolina | 3.6% | 12.4 |
| United States | 4.9% | 590 | |
| * Percent of calendar year 2007 private sector GSP equivalent to a total effective business tax rate on economic activity occurring within the state | |||