Tax Foundation ranks Texas 9th for taxes on businesses via Dallas Business Journal

Texas ranks ninth in the Tax Foundation’s annual State Business Tax Climate Index.

The index compares the states in five areas of taxation that impact business: corporate taxes; individual income taxes; sales taxes; unemployment insurance taxes; and taxes on property, including residential and commercial property.

Texas has no individual income tax. Sales tax is 6.25 percent, and Texas takes in $1,475 in property tax collections per capita.

Read more...Tax Foundation ranks Texas 9th for taxes on businesses - Dallas Business Journal