From The Tax Foundation:
by Tax Foundation
Tax Foundation
March 01, 2012
Policy Analysis
State and local taxes represent a significant business cost for corporations operating in the United States; in fact, they often have a material impact on net operating margins. Consequently, business location decisions for new manufacturing facilities, corporate headquarter relocations, and the like often are influenced by assessments of relative tax burdens across multiple states. To fill the void left by other studies, the Tax Foundation, in collaboration with KPMG LLP, the United States audit, tax and advisory firm, set out to develop and publish a landmark, apples-to-apples comparison of corporate tax costs in the 50 states.
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