Friday, April 12, 2024
Hawai'i Free Press

Current Articles | Archives

Monday, October 14, 2013
Hawaii Among Worst States to Start New Business
By NCPA @ 1:06 PM :: 4983 Views :: Hawaii Statistics, Small Business

Mapping State Corporate Tax Rates

NCPA October 14, 2013

There is a dramatic disparity among states in their corporate tax rate, which has led to attempts to "poach" companies by governors such as Texas' Rick Perry, who this month used a series of television spots to encourage Maryland companies to relocate there, says the Washington Examiner.

Although the largely conservative interior of the country placed very favorably in terms of tax rates, there are exceptions even there, such as the abysmal showing by Kansas -- where a distribution center can be taxed at more than 65 percent. Plus, Republican-led states were not always markedly better than Democrat-controlled ones.

  • Vermont, perhaps best known as home of the hippie ice cream company Ben & Jerry's, is 12th-best for new businesses, while South Carolina placed toward the bottom for new and existing businesses.
  • Among the states, the worst to start a new business in are Hawaii, Pennsylvania and Kansas. The best are Nebraska, Louisiana and Ohio.

The tax code is complex, making it easy for politicians to cherry-pick favorable numbers that can easily be cancelled out by other factors. That complexity was highlighted this summer at the federal level, where the corporate tax rate of 35 percent can be far different in practice due to sprawling loopholes, and consensus has been growing to do away with many loopholes and establish a simpler tax code with a lower rate.

It's also marred by tax credits that are given out piecemeal, especially in Rust Belt areas like upstate New York, desperate to attract business at any cost.

Source: Luke Rosiak, "State Corporate Tax Rates Are All over the Map," Washington Examiner, October 1, 2013.


TEXT "follow HawaiiFreePress" to 40404

Register to Vote


808 Silent Majority

Aloha Pregnancy Care Center


Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii


Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together



Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Moms for Liberty

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport


OHA Lies

Opt Out Today

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii


Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

School Choice in Hawaii

Sink the Jones Act

Statehood for Guam

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii