NJ Ranks Second for Worst Tax System

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nj1015.com — New Jersey has the second worst tax system in the nation, according to a new survey. California ranks number one.

The report, “Business Tax Index 2015: Best to Worst State Tax Systems for Entrepreneurship and Small Business,” is put out by by the Small Business & Entrepreneurship Council (SBE Council). The index pulls together 23 different tax measures and combines them into one tax score. All 50 states are then compared and ranked. Among the taxes included are income, capital gains, property, death/inheritance, unemployment and state gas and diesel levies.

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