US States With the Highest Share of Taxes From Corporation Licences
51 US states ranked by share of taxes from corporation licences, from highest to lowest. First are Delaware (30.1), Tennessee (4.17) and Mississippi (1.72). The middle one of the 51 has 0.105.
What this measures
The percentage from corporation licence and franchise taxes, charged for being incorporated in the state at all, not on anything earned there. This is how Delaware makes its money: 30.1% of all tax money collected by Delaware and every government inside it comes from companies registered there that operate elsewhere. No other state reaches 5%. Source: Census government finances.
For most measures, a national ranking mostly sorts places by income and by how urban they are. Each county’s own page compares it with the 50 counties most like it instead, which is often the fairer view.
Every state
| Rank | State | % of all taxes |
|---|---|---|
| 1 | Delaware | 30.1 |
| 2 | Tennessee | 4.17 |
| 3 | Mississippi | 1.72 |
| 4 | North Carolina | 1.7 |
| 5 | Louisiana | 1.61 |
| 6 | Alabama | 0.872 |
| 7 | New Jersey | 0.835 |
| 8 | South Carolina | 0.64 |
| 9 | Wyoming | 0.572 |
| 10 | Kentucky | 0.568 |
| 11 | Nevada | 0.432 |
| 12 | District of Columbia | 0.405 |
| 13 | Iowa | 0.396 |
| 14 | Ohio | 0.384 |
| 15 | Illinois | 0.327 |
| 16 | Maryland | 0.279 |
| 17 | Oklahoma | 0.266 |
| 18 | Arkansas | 0.243 |
| 19 | Florida | 0.24 |
| 20 | South Dakota | 0.176 |
| 21 | Maine | 0.151 |
| 22 | Oregon | 0.145 |
| 23 | Virginia | 0.132 |
| 24 | Arizona | 0.13 |
| 25 | Montana | 0.105 |
| 26 | Connecticut | 0.105 |
| 27 | Georgia | 0.0995 |
| 28 | Rhode Island | 0.0972 |
| 29 | Washington | 0.093 |
| 30 | Texas | 0.0902 |
| 31 | Wisconsin | 0.0892 |
| 32 | Kansas | 0.081 |
| 33 | Michigan | 0.0651 |
| 34 | Vermont | 0.0614 |
| 35 | Idaho | 0.06 |
| 36 | Colorado | 0.0515 |
| 37 | Nebraska | 0.0486 |
| 38 | Massachusetts | 0.0407 |
| 39 | New Hampshire | 0.0364 |
| 40 | Minnesota | 0.0359 |
| 41 | Indiana | 0.0344 |
| 42 | California | 0.024 |
| 43 | Hawaii | 0.0205 |
| 44 | New York | 0.019 |
| 45 | New Mexico | 0.014 |
| 46 | West Virginia | 0.00997 |
| 47 | Pennsylvania | 0.00463 |
| 48 | Utah | 0.00125 |
| 49 | Missouri | 0 |
| 50 | North Dakota | 0 |
| 51 | Alaska | 0 |
More on share of taxes from corporation licences
- US States With the Lowest Share of Taxes From Corporation Licences
- Share of taxes from corporation licences by US state: map by year and what it goes with
A ranking describes places, not the people in them, and a high or low place does not by itself say why. All US rankings.