Tag: business tax

Baltimore’s Business Tax Climate Is Just Fine, Thank You

Photo via Wikimedia Commons
Photo via Wikimedia Commons

Do you remember when Texas Governor Rick Perry went on that anti-Maryland tour, trying to get local businesses to consider relocating? One of his selling points was that Texas has a much more favorable tax climate for businesses, in part because it’s one of the states that has no state-level income taxes at all.

But a new study that takes a comprehensive look at the business tax climate throughout the world has found that Baltimore has the 4th most-favorable “tax index” (that is, the average taxes for a whole bunch of business sectors) in the entire United States. Incidentally, the top-ranked Texas city is Houston, which comes in 16th.