In two different rankings, Texas is doing well.
Texas is the No. 2 state in the US for the best taxes for small business in a report published by Portofolio.com. The rankings were based on 18 different tax measures, including income, capital gains, property, unemployment and consumption based taxes.
The Business Journals on Numbers also give Texas 4 positions in the first Top 10 list of good cities for small business.
Austin is No.1, Houston is No.4, McAllen-Edinburgh is No. 5 and Dallas-Fort Worth is No.9. This ranking is for small businesses with fewer than 99 employees.