NY, Vt. business tax climate rank among worst - WCAX.COM Local Vermont News, Weather and Sports-

NY, Vt. business tax climate rank among worst

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BURLINGTON, Vt. -

New York has the worst tax climate for business in the country and Vermont is not far behind. That's according to the latest annual rankings from the Tax Foundation.

The Empire State ranks 50th in the country when comparing the relative tax burdens and the impact they have on business. Vermont ranks 45th-- an improvement of one spot from last year. New Hampshire is at the other end of the scale at number eight. The Granite State's ranking is largely due to its lack of a state sales tax.

Wyoming, South Dakota and Nevada have the best tax climates for business according to the Tax Foundation rankings.

Click here for more form the Tax Foundation.

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