Tax Rate (2012)
|
Corporate Marginal Income Tax Rate
|
3.5% > $0
7.93% > $25,000
8.33% > $75,000
8.93% > $250,000
|
|
Individual Income Tax Rate
|
2.0% > $0
4.5% > $5,100
7.0% > $10,150
8.5% > $20,350
|
|
Sales Tax Rate
|
5% |
Business Tax Climate Index Rankings (2011)
| Business Tax Climate Index
|
31 |
| Corporate Tax Index Rank
|
43 |
| Individual Income Tax Index Rank
|
37 |
| Sales Tax Index Rank
|
6 |
| Unemployment Insurance Tax Index Rank
|
44 |
| Property Tax Index Rank
|
26 |
Sources:
Tax Foundation (2011)
