Tag: business tax

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

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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.

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