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Illinois Ranked 31st in State Taxes

Illinois Ranked 31st in State Taxes
Illinois ranked 31st out of the 50 states when it came to state taxes, according to a new report released Wednesday by the Tax Foundation. Illinois fell one place from last year in the State Business Tax Climate Index from 30th to 31st. The State Business Tax Climate Index, now in its 10th edition, collects data on over a hundred tax provisions for each state and synthesizes them into a single, easy to use score. The top ten states on the list are Wyoming, South Dakota, Nevada, Alaska, Florida, Washington, Montana, New Hampshire, Utah and Indiana. States, like Illinois which lost ground usually did so because of a change in tax policy according to Tax Foundation economist Scott Drenkard.
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