Looks like we really are the place to be! Texas ranks 7th nationally in the Tax Foundation's State Business Tax Climate Index. The Index compares the states in five areas of taxation that impact business: corporate taxes; individual income taxes; sales taxes; unemployment insurance taxes; and taxes on property, including residential and commercial property. Neighboring states ranked as follows: New Mexico (26th), Oklahoma (18th), Arkansas (35th) and Louisiana (33rd).
Check out Texas in relation to all the other states here.