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N.J., N.Y. ranked worst for taxes
WASHINGTON — New Jersey and New York are the worst of the 50 states for business because of their tax burdens, a study by the Tax Foundation says.
The two ranked 50th and 49th, respectively, in the analysis of state personal, corporate, sales, property and unemployment-insurance taxes in the year that ended June 30. The study, released Tuesday by the institute, said South Dakota and Wyoming, which have no corporate or individual income taxes, have the best business climates.
— Bloomberg News
any comments from the candidates?
