California Ranks Near Bottom in State Business Tax Climate: Report

The state is one of the worst for business taxes because of its high income and sales taxes, according to the Tax Foundation.
California Ranks Near Bottom in State Business Tax Climate: Report
People walk past empty stores and restaurants in Beverly Hills, Calif., on May 8, 2020. Mark Ralston/AFP via Getty Images
|Updated:
0:00

California is one of the worst states for business taxes again this year because of its high income and sales taxes, according to the Tax Foundation, a Washington tax-policy nonprofit.

The foundation’s 2024 State Business Tax Climate Index ranked the Golden State 48th, after giving it the same ranking last year, followed only by New York and New Jersey.
Jill McLaughlin
Jill McLaughlin
Author
Jill McLaughlin is an award-winning journalist covering politics, environment, and statewide issues. She has been a reporter and editor for newspapers in Oregon, Nevada, and New Mexico. Jill was born in Yosemite National Park and enjoys the majestic outdoors, traveling, golfing, and hiking.
Related Topics