The most tax-friendly states for business

Taxes are necessary for a functioning government, but according to one group, many states are crippling regional business growth with tax structures that are too expensive or complex.

The Tax Foundation's 2014 State Business Tax Climate Index graded all 50 states based on more than 100 measures that reflect how competitive a state's tax policies are to both large and small businesses. The report considered state income, corporate, property, sales, and unemployment insurance tax policies. As was the case last year, Wyoming had the best business tax climate in the country, while New York had the worst. Based on the Tax Foundation's report, these are the most tax-friendly states for business.

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