Report: Wyoming has business friendly taxes

Jan 26, 2012

A new report says Wyoming has the best tax policies in the nation for spurring job growth.

The Tax Foundation research group in Washington, D.C., released its annual rankings yesterday… placing Wyoming at the top of its overall business tax climate index.

The report authors say the state is especially attractive for prospective employers because it does not levy personal income and corporate taxes… and the state placed first among all states in the foundation's income and corporate tax categories.

Wyoming also ranked 13th for its sales taxes, 29th for its unemployment insurance taxes and 34th for its property taxes making this year the second time in a row the state has topped the Tax Foundation's ranking.