| New
Jersey Ranks Seventh in the Nation in Top Corporate Income Tax
Rates, 2003
Source: Small Business Survival Committee
| Rank |
State |
Percentage |
|
Rank |
State |
Percentage |
| |
|
|
|
|
|
|
| 1 |
Pennsylvania |
9.990% |
|
26 |
Arizona |
6.968% |
| 2 |
Iowa |
9.900 |
|
27 |
North
Carolina |
6.900 |
| 3 |
Minnesota |
9.800 |
|
28 |
North
Dakota |
6.825 |
| 4 |
Vermont |
9.750 |
|
29 |
Montana
|
6.750 |
| 5 |
Massachusetts |
9.500 |
|
30 |
Oregon |
6.600 |
| 6 |
Alaska |
9.400 |
|
31 |
Arkansas |
6.500 |
| 7 |
NEW
JERSEY |
9.000 |
|
31 |
Tennessee |
6.500 |
| 7 |
Rhode
Island |
9.000 |
|
33 |
Hawaii |
6.400 |
| 7 |
West Virginia |
9.000 |
|
34 |
Georgia |
6.000 |
| 10 |
Maine |
8.930 |
|
34 |
Oklahoma |
6.000 |
| 11 |
California |
8.840 |
|
34 |
Virginia |
6.000 |
| 12 |
New York |
8.775 |
|
37 |
Florida |
5.500 |
| 13 |
Delaware |
8.700 |
|
37 |
Louisiana |
5.200 |
| 14 |
Indiana |
8.500 |
|
39 |
Missouri
|
5.156 |
| 14 |
New Hampshire |
8.500 |
|
40 |
Mississippi
|
5.000 |
| 14 |
Ohio |
8.500 |
|
40 |
South
Carolina |
5.000 |
| 17 |
Kentucky |
8.250 |
|
40 |
Utah |
5.000 |
| 18 |
Wisconsin |
7.900 |
|
43 |
Colorado |
4.630 |
| 19 |
Nebraska |
7.810 |
|
44 |
Texas |
4.500 |
| 20 |
Idaho |
7.600 |
|
45 |
Alabama |
4.225 |
| 20 |
New Mexico |
7.600 |
|
46 |
Michigan |
1.800 |
| 22 |
Connecticut |
7.500 |
|
47 |
Nevada |
0.000 |
| 23 |
Kansas
|
7.350 |
|
47 |
South
Dakota |
0.000 |
24
|
Illinois |
7.300 |
|
47 |
Washington |
0.000 |
| 25 |
Maryland |
7.000 |
|
47 |
Wyoming |
0.000 |
| |
|
|
|
|
|
|
| |
|
|
|
|
50
State Average
|
6.560 |
| |
|
|
|
|
N.J.
% Above Average |
37.2% |
View all State Stats
|
STATE
STATS