Texas ranks 9th
in the Tax Foundation's 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. The ranks of neighboring states are as follows: New
Mexico, 38th, Oklahoma, 35th, Arkansas, 33rd, and Louisiana, 32nd.
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