New York ranked as having the worst business climate in U.S.

New York was again ranked as having the worst business tax climate in the country, the second year in a row the state was given the title. The ranking was made by the Tax Foundation, a business-backed think tank based in Washington D.C., who found that New York and the other states at the bottom of its business tax climate ranking suffer from the same afflictions: complex, non-neutral taxes with comparatively high rates.

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