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DC Among “Worst States In America For Starting A Business”

by Prince Of Petworth December 17, 2009 at 2:30 pm 19 Comments

5802 Georgia Avenue, NW
Photo from PoPville flickr user rockcreek

Thanks to a reader for sending this depressing news from the Business Insider:

Small Business Survival Index: 84.795 (#51)

Personal Income Tax Rates: 8.500 (#44t)

Corporate Income Tax Rates: 9.975 (#50)

Property Taxes: 4.13 (#41)

Workers’ Compensation Benefits Per $100 of Covered Wages: 0.26 (#1)

Note: According to the report, the District of Columbia was not included in the studies on the states’ liability systems, eminent domain legislation and highway cost efficiency, so “D.C.’s last place score actually should be even worse.”

From speaking to small business owners this is sadly not surprising. You can see the full list here.

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