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Business Taxes as a Share of all Taxes and GSP

Business Taxes as Share of the Economy

What does this mean?

Business Taxes are those taxes paid directly by businesses (not by employees/individuals) compared to the state’s economy to allow for comparisons across states.

Why does this matter?

To ensure long-term economic growth, North Carolina business taxes should be competitive with the level of state and local business taxes in other states.

North Carolina Ranking
23 / 51

*Source: Council on State Taxation

Region Comparison

Business Taxes as a Share of all Taxes and GSP

Region Comparison

Business Taxes as a Share of all Taxes and GSP – Per Employee

Business Taxes as a Share of all Taxes and GSP Percentage

Business Taxes as a Share of all Taxes and GSP - Per Employee