CORPORATE INCOME TAX RATES IN SELECTED STATES
HIGH
Pennsylvania: 9.99%
Minnesota: 9.8%
California: 8.84%
MEDIUM
New York: 7.1%
Tennessee: 6.5%
New Mexico: 4.8%-7.6% *
LOW
Michigan: 4.95%
Colorado: 4.63%
Texas: None
UPPER MIDWEST
Iowa: 6%-12% *
Wisconsin: 7.9%
North Dakota: 2.6%-6.5% *
South Dakota: None
* depending on income levelSource: Tax Foundation (www.taxfoundation.org)
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Election
How the Star Tribune is covering the 2024 election
Our mission this election cycle is to provide the facts and context you need. Here's how we'll do that.
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