Each year we produce the State Business Tax Climate Index, which promotes tax competition between the states and motivates policymakers to reform their tax systems toward pro-growth policies. Over the past few years, the...
- State Corporate Income Tax Rates, 2000-2014
State Corporate Income Tax Rates, 2000-2014
Key Findings Policymakers are currently focused on revenue neutral corporate tax reform to bring down the high U.S. statutory corporate tax rate. Corporate-only tax reform leaves out nearly 95 percent of all businesses from tax reform....
Levied in 44 states, corporate income taxes account for a relatively small share of state revenue—5.2 percent of state tax collections and just over 2 percent of all state revenue, including federal transfers. Top rates range from a low of...
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