Taunya Fagan Bozeman Real Estate Blog: SW Montana Information & Listings: Montana's 2008 Business Tax Condition 6th in United States

Montana's 2008 Business Tax Condition 6th in United States

Montana's 2008 Business Tax Climate Ranks 6th in Nation

Montana ranks 6th in the The Tax Foundation's State Business Tax Climate Index.

US State by State Business Tax Climate Index, Fiscal Year 2009

The Index, ranking Montana 6th, compares US states in five areas of taxation that impact business:

  1. Corporate taxes
  2. Individual income taxes
  3. Sales taxes
  4. Unemployment insurance taxes
  5. Taxes on property, including residential and commercial property.

Montana's neighboring states ranked as follows:

  1. Idaho (31st)
  2. Wyoming (1st)
  3. North Dakota (30th)
  4. South Dakota (2nd)

Also, Montana State-Local Tax Burden Compared to US Average for 2008

 Year

 Rate

 Rank

Per Capita
Tax Paid to
Own State

Per Capita
Tax Paid to
Other States

Total State
& Local
Per Capita
Tax Paid

Per Capita
Income

U.S. Avg.
Rate

U.S. Per Capita
Income

2008

8.6%

40th

$1,960

$1,199

$3,158

$36,793

9.7%

$44,254

Click for more on Montana Taxes 

 

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Comment balloon 2 commentsTaunya Fagan • October 09 2008 10:50AM

Comments

Hi Taunya - nice post, I saw this in the news as well. Montana's a great state for those who like low taxes! :) We also have some info on low Montana taxes on our blog, check it out.

Posted by Monica Bourgeau, Business Coaching (New Phase Business Coaching) over 9 years ago

K&M- Thanks for reading. Montana has a lot going for it, but don't tell the rest of the world... ; )

Posted by Taunya Fagan, Montana Real Estate: Bozeman Luxury Real Estate: (PureWest Properties, Christie's Bozeman Real Estate) over 9 years ago

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