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Maine improved its ranking in the Tax Foundation's annual study of state tax systems in the country, dropping from 40th to 34th place.
The "2009 State Businesses Tax Climate Index" measures the competitiveness of states' business tax climate by considering the corporate income tax, individual income tax, sales tax, property tax and unemployment insurance tax in each state. South Dakota had the most business-friendly tax system, while New Jersey has the least, according to the study.
Maine's worst ranking in the five component indices came in corporate income tax, where it ranked 43rd out of 50. Maine's best ranking came in sales tax, where it ranked 6th out of 50.
Go to the Tax Foundation report >>
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
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